MINING MARKETS & INVESTMENT NEWS — INSIDER TRADING — Shares traded by execs at Twin Gold, American Gem

The Ontario Securities Commission’s OSC Bulletin reports that a director of Twin Gold (twg-t) bought several blocks of shares in that company in June.

Hermann Derbuch bought 147,500 shares at 27-30 cents to hold 514,268 shares.

The following transactions were also reported:

* American Gem (GEM-T) — Alexander Wylie, director, bought 138,462 shares privately at $3.25 to hold 1.1 million.

* Franco-Nevada Mining (FN-T) — AIC Ltd., holder of more

than 10%, bought 1.4 million shares at $26.63-30.75 to hold 6.9 million.

* Freewest Resources Canada (FWR-T) — Mackenzie (Mac) Watson, director, sold 760,000 shares at 35 cents and bought 762,500 shares in a private placement at 35 cents to hold 858,401.

* Meridian Gold (MNG-T) — Affiliate FMR Corp. sold 67,000 shares indirectly at US$1.96-2.91 to hold 9.1 million indirectly.

* Mill City International (MIY-V) — Lawrence Revitt, director, sold 200,000 shares at 12 cents to hold 215,100.

* Minco Mining & Metals (MMM-T) — Pacific Canada Resources, holder of more than 10%, sold 262,500 shares privately at 40 cents to hold 6.8 million.

* Orvana Minerals (ORV-T) — Paul Dircksen, officer, was granted 45,000 options at $1.75 to hold 433,000; Henry Reimer, director, was granted 25,000 options at $1.75 to hold 221,000; Michael Roper, officer, was granted 50,000 options at $1.75 to hold 200,000; and Edward Thompson, director, was granted 25,000 options at $1.75 to hold 124,500.

* TVX Gold (TVX-T) — John Hick, director, was granted 80,000 options at $3.90 to hold 1.2 million.

* Tyler Resources (TYS-T) — Glen Harper, director, bought 75,500 shares directly at 14-19 cents, bought 53,000 shares indirectly at 18-20 cents, sold 10,000 shares directly at 23 cents and was granted 275,000 options indirectly at 18 cents to hold 1.6 million shares directly, 235,000 shares indirectly and 275,000 options.

* Western Copper Holdings (WTC-T) — Hugh Harbinson, officer, was granted 20,000 options at $8.30 to hold 50,000.