• Empired Ltd

Argonaut expects a rebound after 49¢ low

Analysts at Argonaut have come out strongly in favour of Empired as the company’s shares hover around their 12-month low of 49¢. Argonaut’s price target of 90¢ represents a premium of 56 per cent to Monday’s opening price of 57.5¢.

• Jul 2, 2014
• Trevor Hoey

• Gold

Argonaut sets course for gold in Africa

Because its projects and investments cover a range of commodities in Laos, South Australia and Queensland, Argonaut Resources has lacked obvious direction.

• Updated Sep 22, 2012
• Luke Forrestal

• Coal

Blackwood, Resolve forced to defer coal listings

Neighbouring coal juniors Blackwood Coal and Resolve Energy have been forced to pull their late-2011 coal IPOs because of the poor market conditions.

• Updated Dec 20, 2011
• Dan Hall

• Coal

Coal deals burn hot in last frontier

Huge coal deposits in Queensland’s emerging Galilee Basin coal province, described by miners as the last frontier, have sparked an explosion of corporate activity, driven by the likes of Gina Rinehart and Clive Palmer.

• Updated Sep 22, 2011
• Dan Hall

• Coal

Howard’s man prepares coal listing

John Howard’s former chief of staff, Arthur Sinodinos, has stepped onto the board of Sydney-based private coal explorer Blackwood Coal as non-executive chairman ahead of a proposed public offering.

• Updated Jul 23, 2011
• Dan Hall

Blackwood seeks $12m

John Howard’s former chief of staff, Arthur Sinodinos, has joined the board of private coal company Blackwood Coal before a proposed public offering this quarter.

• Updated Jul 22, 2011
• Dan Hall

• Macquarie Atlas Roads

Companies briefs

Leighton’s BBB long-term credit rating, placed on negative watch by S&P, will be resolved after Grupo ACS reports half-year results.

• Jul 22, 2011

• Coal

Argonaut has Moorlands resource statement

Argonaut Resources said its 38 per cent-owned Blackwood Coal had completed a maiden inferred resource statement for its Moorlands project.

• Feb 16, 2011

Argonaut Resources (ARE)

Shareholders in the minerals explorer have had a roller-coaster ride over the past two years

• Feb 12, 2009
• Trevor Hoey

Minerals explorer closer to production

Platinum Australia (PLA)

• Oct 8, 2008
• David Ciampa

Argonaut chases $2m

Argonaut Resources will seek to recover more than $2 million fraudulently siphoned from the company over the past three years - but insists its planned exploration program will not be affected by the embarrassing incident.

• Sep 17, 2008
• Michael Vaughan

Cockatoo Coal outstrips its peers

Cockatoo Coal (COK) In one of the more eye-catching rallies of the past week, the Queensland-focused coal junior has gained 35.1 per cent in five sessions to outrun even the better performing of its coal mining peers. Shares have rallied from 55¢ to 74.5¢ since last Thursday far-outstripping larger peers Centennial Coal, up 2.7 per cent and Macarthur Coal, up 3.3 per cent, in the same period. Little wonder the ASX issued Cockatoo with one of its regulation speeding tickets, querying the rise in its share price from 56.5c on April 7 to 71.5c on April 8. In response, the company said it didn't know of any unannounced information that could explain the trading "other than a general interest in the energy and coalmining sector and the paucity of well-priced independent coalmining stocks available to investors." Expectations for rising coal prices have supercharged the share prices of most coal mining juniors since the beginning of the year and, as the negotiated prices suggest, that optimism wasn't misplaced with the price of 2009 coking coal contracts settled at more than $US300 a tonne or more than triple the present price. NeuroDiscovery (NDL) The biotech sector has been the quiet achiever of the past few months and the share price graph on the developer of pain treatments reflects impressive gains the sector has made against the broader market. Shares in NeuroDiscovery have outrun the benchmark index by some 20 per cent since the beginning of the year, gaining 12.5 per cent against the 12.9 per cent fall in the SP/ASX 200 Index in that time. The stock's rally has also trumped the broader healthcare index which is down 6.7 per cent in the year to date. Shares shot up another 17.4 per cent to 13.5¢ today after it released the results of Phase 1 clinical testing of the oral version of its treatment for neuropathic pain, or pain caused by dysfunction of the nervous system. Argonaut Resources (ARE) The gold explorer's winning streak continued for a fourth day today, up another 4 per cent on news exploration drilling at its Laos venture had uncovered "very strong" results - but it faltered late in the day. The stock had gained as much as 20 per cent. Shares closed at 29.5c but have gained 14 per cent in the past four sessions but the stock is still less than half the 73.5¢ level they peaked at in October last year. The base metals miner saw sharp gains last year as investors warmed to the first exploration results at the Kroombit zinc and copper deposit in Queensland and the Torrens iron oxide copper gold prospect in South Australia. Shares shot up 13 per cent in September when the first drill results from its Kroombit zinc and copper site were made public. The company also has the Torrens project, 80 kilometres south-east of Olympic Dam, which analysts have earmarked as a source of significant upside in coming years.

• Apr 9, 2008
• Emily Parkinson