Cluff Gold's finance director has bought shares.
Pete Gardner took up the post in October 2009 but this is the first time he has bought shares.
He acquired 10,000 shares at 104.65p each, for a total outlay just short of £10,500.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Gardner used to work in corporate finance for accountants PKF.
Africa-focused gold miner Cluff has two producing mines at Kalsaka in Burkina Faso and Angovia in Cte d'Ivoire. They are producing at the rate of 100,000 ounces of gold per annum.
Cluff is developing a wholly-owned project in Sierra Leone which it hopes will produce 157,000 ounces of gold a year. Seven new drill targets were recently identified.
In October, Cluff raised £9.38m at 116.5p a share. That placing price is just off of the high for the past year.
Top Director Buys
Personal Assets Trust (PNL) Director name: Mr Gordon Joseph NeillyAmount purchased: 1,000 @ 31,375.00p Value: £313,750
Cluff Gold (CLF) Director name: Mr Peter Gardner Amount purchased: 10,000 @ 104.65p Value: £10,465
Mondi (MNDI) Director name: Ms Imogen MkhizeAmount purchased: 2,000 @ 504.00p Value: £10,080
Nationwide Accident Repair Services (NARS) Director name: Ms Lady JudgeAmount purchased: 10,000 @ 100.00p Value: £10,000
Top Director Sells
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
-
What does Rachel Reeves’s plan for growth mean for UK investors?Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
