Directors Increase Shareholdings at Iluka and 29Metals

Recent insider trading activities have highlighted significant share acquisitions by directors in several mining companies. At Iluka Resources Limited, director Peter Andrew Smith increased his holdings by acquiring 7,000 shares, totaling over $34,000 in investment. Meanwhile, at 29metals Ltd., director Tamara Brown purchased 43,997 shares, bringing her total to 106,912 shares, while Martin Alciaturi acquired an additional 87,731 shares, raising his total to 355,120 shares. Additionally, Jacqui McGill of 29metals increased her stake by acquiring 25,000 shares, bringing her total to 201,934 shares. In a separate move, NewPeak Metals Ltd.'s director Emma Fairhurst acquired 419,411 shares through an on-market trade, reflecting a strategic shift in her investment portfolio. These transactions may indicate strong confidence among these directors regarding their respective companies' future prospects.