The finance boss of Philippines-focused gold miner Medusa Mining has spent £65,000 topping up his holding in the company.
Roy Daniel took 25,000 shares at A$4.44 (263p) a time and now has about 1.4m, which represents nearly 1% of the company.
Shares in Medusa Mining have been performing well recently, helped by the strong gold price.
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
In July the company celebrated an uplift in the resource estimate at its Co-O mine in the Philippines.
-
Saba Capital and Boaz Weinstein respond to investment trustsAs investment trust managers and industry experts accuse Saba of self-motivated opportunism, the hedge fund responds to specific "misleading claims" and sets out its stall
-
How to find top-quality companies with growing dividendsIan Mortimer, portfolio manager of Guinness Global Equity Income Fund, shares where he would put his money for sustainable and growing dividends
