Dual-listed Resolute Mining MD and CEO John Welborn has bought 50 000 shares in the company for A$55 875.
He now holds 3.6-million shares in the gold miner, which has assets in Africa and is listed on the ASX and the LSE.
Resolute operates the Syama gold mine, in Mali, and the Mako gold mine, in Senegal. It also owns the Bibiani gold mine, in Ghana.
The company plans to produce 430 000 oz of gold at an all-in sustaining cost of $980/oz this year.