LONDON (ShareCast) - ZincOx chairman Andrew Woollett topped up his stake in the zinc processor yesterday, spending nearly £50,000 on shares.

Woollett, a geologist with more than 25 years experience in mineral exploration and development, bought 35,000 at 133p each and now has 1.78m shares, about 2.3% of the company.

ZincOx’s share price has fallen sharply since Woollett last bought shares in the company in February, when he took 22,500 shares at 220p a time.

Last month, the firm announced plans to raise $120m through a share placing and bond facility to fund the construction of its Ohio zinc project. It also has projects in Turkey and Yemen.


Top Director Buys

North Atlantic Smaller Trust (NAS)
Director name: Mr Oliver R Grace Jr
Amount purchased: 25,000 @ 850.00p
Value: £212,500

Bank of Ireland (BKIR)
Director name: Mr Denis Donovan
Amount purchased: 20,000 @ € 4.54
Value: € 90,860

Centaur Media (CAU)
Director name: Mr Graham Sherren
Amount purchased: 113,961 @ 58.00p
Value: £66,097

Symphony International Holdings (SIHL)
Director name: Mr Georges Gagnebin
Amount purchased: 75,000 @ $0.77
Value: $57,750

ZincOx (ZOX)
Director name: Mr Andrew Woollett
Amount purchased: 35,000 @ 133.00p
Value: £46,550

Umeco (UMC)
Director name: Mr Douglas Robertson
Amount purchased: 10,000 @ 399.10p
Value: £39,910

Telford Homes (TEF)
Director name: Mr James Furlong
Amount purchased: 30,000 @ 70.00p
Value: £21,000

Quayle Munro (QYM)
Director name: Mr Ian Q Jones
Amount purchased: 2,500 @ 700.00p
Value: £17,500

Oxus Gold (OXS)
Director name: Mr Richard B Shead
Amount purchased: 100,000 @ 17.30p
Value: £17,300

• News Channel