In this research, the chemical synthesis and densification behavior of Ag/ZnO metal-matrix composites were investigated. The initial precipitates were obtained by adding ammonium carbonate solution to silver and zinc nitrate solutions. The precipitates consisted of silver and zinc carbonates. The thermal behavior of the precipitates was studied using thermogravimetric analysis (TGA) and differential scanning calorimetry (DSC). The TGA curve showed three distinguishable mass-loss stages, related to the evaporation of physically adsorbed water and also the decomposition of silver and zinc carbonates into silver and zinc oxides, respectively. The mass-loss stages were associated with three endothermic reactions. According to the thermal-analysis results, the precipitates were calcined at 600°C. The compressibility behavior of the synthesized Ag/ZnO powders was evaluated using the Heckel, Panelli and Ge models. The compaction data of the powders was best fitted to the Heckel equation. The synthesized powders were sintered at 930°C. The results showed that by increasing the cold-compaction magnitude prior to sintering, the sinterability of the powders was enhanced. The microstructural evaluation of the synthesized composites carried out with a scanning electron microscope (SEM) confirmed a fine and homogenous dispersion of ZnO within the silver matrix. Keywords: Ag/ZnO composites, densification, thermal analysis, sintering V raziskavi je bilo preiskovano obna{anje Ag/ZnO kompozita na kovinski osnovi pri kemijski sintezi in zgo{~evanju. Za~etni izlo~ki so bili dobljeni z dodatkom raztopine srebrovega in cinkovega karbonata v raztopino amonijevega nitrata. Izlo~ki so bili sestavljeni iz srebrovega in cinkovega karbonata. Toplotno obna{anje izlo~kov je bilo posneto s termogravimetri~no analizo (TGA) in z diferen~no vrsti~no kalorimetrijo (DSC). TGA krivulja je pokazala stopnje ob~utne izgube mase, ki so bile povezane z uplinjanjem fizi~no adsorbirane vode in tudi z razgradnjo srebrovega in cinkovega karbonata v srebro in v cinkov oksid. Stopnje izgube mase so bile povezane s tremi endotermnimi reakcijami. Na podlagi rezultatov termoanalize so bili izlo~ki kalcinirani pri 600°C. Stisljivost sintetiziranega Ag/ZnO prahu je bila dolo~ena z uporabo Heckel, Panelli in Ge modelov. Podatki za kompaktiranje prahov so se najbolje ujemali s Heckel ena~bo. Sintetizirani prahovi so bili sintrani pri 930°C. Rezultati so pokazali, da pove~evanje obsega zgo{~evanja pred sintranjem pospe{uje sposobnost prahu za sintranje. Ocena mikrostrukture sintetiziranega kompozita z vrsti~no elektronsko mikroskopijo (SEM) je potrdila drobno in homogeno razporeditev ZnO v osnovi iz srebra.