INSIDER TRADING — Stillwater execs boost stake

Recent insider trading transactions reported by the U.S. Securities and Exchange Commission include the following:

• Stillwater Mining (SWC-X) — John Andrews, president, exercised 33,571 options at US$3.91-11.67 and sold 21,429 shares at US$26.50 to hold 36,906 shares, while James Sabala, vice-president, bought 500 shares at US$23 to hold 500 shares.
• Sunshine Mining & Refining (SSC-N) — George Elvin, director, sold 120,000 shares at US56 cents to hold 35,800 shares either directly or indirectly.
• Phelps Dodge (PD-N) — Gregory Stevens, vice-president, bought 581 shares at US$46.99 and another 500 shares at US$45 to hold 4,080 shares either directly or indirectly.
• Royal Gold (RGLD-Q) — Karen Gross, vice-president, exercised 17,000 options at US13 cents to hold 68,650 shares directly; Thomas Loucks, vice-president, exercised 24,000 options at US13 cents to hold 374,778 shares directly; and Peter Babin, president, indirectly disposed of 6,000 shares that he acquired as a gift at an unspecified price, to hold 15,000 shares.
• Newmont Mining (NEM-N) — William Turner, director, bought 798 shares indirectly at US$20 to hold 12,000 shares indirectly.
• MK Gold (MKAU-Q) — Lawrence Lackey, officer, bought 15,000 shares at US53 cents-56 cents to hold 15,000 shares.
• Casmyn (CMYN-O) — Mark Zucker, president, purchased 16.4 million shares indirectly at less than 1 cents per share to hold 34 million shares directly (or 15.6% of the total outstanding shares).
• Arabian Shield Development (ARSD-Q) — John Crichton, chairman, sold 3,000 shares at US$1.38 to hold 7,000 shares.

Meanwhile, recent activity north of the border, as reported by the Ontario Securities Commission in its OSC Bulletin, includes the following:

• Nuinsco Resources (NWI-T) — Malcolm Slack, director, exercised 45,000 options at 62 cents and sold 35,000 shares at $2.35 to hold 45,000 options and 10,000 shares.
• Nevsun Resources (NSU-T) — Clifford Davis, director, was granted 450,000 options, which can be exercised at 75 cents, to replace a similar number of options that were previously granted and exercisable at $3.55-10, and now holds 450,000 options; Donald Halliday, officer, was granted 250,000 options at 75 cents to replace a similar number at $3.55-10, and now holds 250,000; Maureen Carse, officer, was granted 75,000 options at 75 cents to replace a similar number at $3.5-7.38, and now holds 75,000; John Clarke, director, was granted 750,000 options at 75 cents to replace a similar number at $5.30, and now holds 750,000; Gary German, director, was granted 400,000 options at 75 cents to replace a similar number at $3.55-10, and now holds 400,000; Barry Skinner, director, was granted 10,000 options at 75 cents to replace a similar number at $8.25, and now holds 10,000; and Peter Hooper, director, was granted 400,000 options at 75 cents to replace a similar number at $3.55-10 (though the new options have since expired, leaving him with none).