LONDON (ShareCast) - Senior Independent Non-Executive Director at Centamin, Gordon Edward Haslam, purchased 52,056 shares in the Egypt-focused gold miner on Wednesday.

Haslam purchased the shares at 76p each for a total of £39,563, taking his total holding to 102,056 shares.

The transaction comes two weeks after the firm unveiled record levels of second-quarter output.

During the period gold production rose to 67,422 ounces at the Sukari Gold Mine, located in the Eastern Desert of Egypt, a 40% increase on production in the second quarter of 2011. Production was also up sharply from the first quarter 2012 level of 49,071 ounces.

Cash costs of $565 per ounce in the second quarter were up from $498 the year before but below the $609 an ounce level in the preceding quarter. With production and the average sale prices both up, revenue surged to $96.8m from $77.9m in the second quarter of last year, but earnings before interest, tax, depreciation and amortisation (EBITDA) declined to $54.9m from $59.6m last year.

The share price has fallen more than 26% in the past year, but is up more than 11% in the past month.


Top Director Buys

Centamin (DI) (CEY)
Director name: Mr Gordon Edward Haslam
Amount purchased: 52,056 @ 76.00p
Value: £39,563

Games Workshop Group (GAW)
Director name: Mr Kevin Rountree
Amount purchased: 5,000 @ 670.00p
Value: £33,500

Avanti Capital (AVA)
Director name: Mr Richard Kleiner
Amount purchased: 40,000 @ 70.00p
Value: £28,000

CQS Rig Finance Fund Ltd. (RIG)
Director name: Mr Michael J L Salter
Amount purchased: 50,000 @ 31.00p
Value: £15,500

CML Microsystems (CML)
Director name: Mr George William Gurry
Amount purchased: 4,000 @ 281.00p
Value: £11,240


Top Director Sells

Murray International Trust (MYI)
Director name: Ms Marcia Campbell
Amount sold: 2,639 @ 995.00p
Value: £26,258

Tristel (TSTL)
Director name: Mr Peter F H Stephens
Amount sold: 50,000 @ 35.00p
Value: £17,500

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