FMR expands Agnico-Eagle, Meridian holdings

The following insider trading transactions were recently reported in the Ontario Securities Commission’s OSC Bulletin:

– Agnico-Eagle Mines (AGE-T) — FRM Corp., which owns more than 10% of the company, indirectly bought 374,600 shares at US$4.41-6.74 apiece to hold 7.2 million shares indirectly; Anton Adamcik, officer, was granted 14,000 options that can be converted into shares at $9.20 to hold 176,900 options; Sean Boyd, officer, was granted 63,750 options at $9.20 to hold 544,950 options; David Garofalo, officer, was granted 18,000 options at $9.20 to hold 123,100 options; Barry Landen, officer, was granted 17,000 options at $9.20 to hold 190,200 options; and Ebe Scherkus, officer, was granted 37,000 options at $9.20 to hold 388,000 options.

– Arizona Mines (ARZ-T) — David Hall, director, exercised 192,500 options at 15 to hold 425,000 options and 377,343 shares.

– Breakwater Resources (BWR-T) — Richard Renaud, director, bought 100,000 shares at $1.42 to hold 100,000 shares; and Elizabeth Wilkinson, officer, indirectly bought 400 shares at $1.38 to hold 4,400.

– Gammon Lake Resources (GAM-V) — Keith MacGillivray, director, sold 19,846 shares at $3.85-4.32 to hold 383,154 shares.

– Inmet Mining (IMN-T) — The company repurchased 327,000 shares for cancellation at $1.95-2.05.

– Meridian Gold (MNG-T) — FMR Corp., owner of more than 10% of the company, indirectly bought 9,960 shares at US$6.06-6.61 and indirectly sold 900 shares at US$6.06 to hold 10.6 million shares indirectly.

– Miramar Mining (MAE-T) — Lyall Knott, director, was granted 90,000 options at $1 to hold 180,000 options; Brian Labadie, officer, was granted 40,000 options at $1 to hold 320,000 options; David Long, officer, was granted 40,000 options at $1 to hold 170,000 options; Robert McCallum, director, was granted 20,000 options at $1 to hold 60,000 options; Anthony Petrina, director, was granted 54,500 options at $1 to hold 144,500 options; Stephen Quin, director, was granted 40,000 options at $1 to hold 170,000 options; William Stanley, director, was granted 20,000 options at $1 to hold 100,000 options; and Anthony Walsh, director, was granted 70,000 options at 508,510 options.

– North American Palladium (PDL-T) — George Faught, officer, indirectly exercised 50,000 options at $3.45 and sold 30,000 of the resulting shares at $17.05 to hold 100,000 options and 25,000 shares indirectly; Walter Ranta, director, exercised 35,700 options at $2.50 to hold 35,700 shares and no options; Donald Graham, director, sold 40,200 shares at $14.50-16.50 to hold 2,519 shares; Louis Fox, director, indirectly sold 15,000 shares at US$11 to hold none indirectly; and Michael Amsden, director, exercised 35,700 options at $2.50 to hold 35,700 shares and no options.

– Rex Diamond (RXD-T) — Benoit Holemans, officer, was granted 50,000 options at $2 to hold 525,000; Serge Muller, owner of more than 10% of the company, among other affiliations, was granted 250,000 options at $2 to hold 2 million; and Luc Rombouts, director, was granted 50,000 options at $2 to hold 108,334 options.

– Teck (TEK-T) — The company repurchased 593,700 Class-B shares for cancellation at $12.95-13.58 and cancelled 472,300 Class-B shares (some of which were bought earlier) to hold 214,000 Class-B shares.