News Articles for Consolidated Minerals

The board of Consolidated Minerals Ltd has recommended its shareholders accept an increased $4.50 per share offer from Ukraine-based Palmary Enterprises Ltd, turning its back on Brian Gilbertson's Pallinghurst Resources Australia Ltd.

The long-running takeover battle for Consolidated Minerals Ltd has taken another unexpected turn after Brian Gilbertson's Pallinghurst consortium lifted its offer to $4.10 per share and vowed to match any increased offer lodged in the next three weeks.

The board of Consolidated Minerals Ltd has recommended Palmary Enterprises Ltd's $902 million all-cash takeover bid for the company, withdrawing its favourable recommendation for the Pallinghurst bid.

The Takeovers Panel has delivered a highly critical report on Territory Resources Ltd and its chairman Michael Kiernan, declaring he acted unacceptably during the ongoing takeover battle for his old company Consolidated Minerals Ltd.

The Pallinghurst consortium has announced today the withdrawal of its on-market order for Consolidated Minerals effective after the close of trading tomorrow, however the off-market takeover offer will remain open after this time.

Shares in Consolidated Minerals Ltd rose two per cent today, after distributing the favoured Pallinghurst bid documents to shareholders today.

Stock in manganese miner Consolidated Minerals Ltd fell eight per cent today, after it was revealed Belize-based Palmary Enterprises Ltd had bought a 12.1 per cent stake in the company.

The much-anticipated takeover bid for Consolidated Minerals Ltd by the Michael Kiernan-chaired Territory Resources Ltd has met a negative response from the stock market, with both companies' share prices falling today.

Consolidated Minerals Ltd annouced today that it has received an indicative takeover proposal from Territory Resources Ltd pitched at $3.72 per share, well above the $2.82 per share currently being

Former BHP Billiton chief executive Brian Gilbertson has emerged at the head of a private equity consortium that has agreed to take a 60 per cent stake in Consolidated Minerals Ltd, with plans to expand nationally and overseas.

A fatal accident has occured at the Consolidated Minerals' Beta Hunt underground mine.

Has sent letter of compulsary acquisition to Titan shareholders

Resources explorer Titan Resources Ltd has announced it is in discussions with a party that has provided an alternative to Consolidated Minerals Ltd's scrip takeover offer.

Consolidated Minerals Limited 06-Sep-05 AMP Ltd increased its substantial shareholding from 11,557,769 ordinary shares (5.33%) to 20,961,280 ordinary shares (9.65%).

Consolidated Minerals Ltd 06-Sep-05 Noble Group Ltd decreased its substantial shareholding from 26,892,975 ordinary shares (12.4%) to 13,392,975 ordinary shares (6.2%)

Consolidated Minerals Ltd increased its relevant interest from 111,632,025 ordinary shares (94.59%) to 116,187,530 ordinary shares (95.92%).

Has extended its takeover offer for Reliance Mining Ltd to 18 March

Consolidated Minerals Ltd & Consolidated Nickel Pty Ltd increased its relevant interest from 85,218,546 ordinary shares (74.07%) to 87,456,620 ordinary shares (76.02%).

Consolidated Minerals Ltd & Consolidated Nickel Pty Ltd increased its relevant interest from 77,703,188 ordinary shares (70.03%) to 85,218,546 ordinary shares (74.07%).

Consolidated Minerals Ltd & Consolidated Nickel Pty Ltd increased its relevant interest from 62,976,122 ordinary shares (63.32%) to 64,332,863 ordinary shares (64.68%).

Consolidated Minerals Ltd & Consolidated Nickel Pty Ltd increased its relevant interest from 64,332,863 ordinary shares (64.68%) to 77,703,180 ordinary shares (70.03%).

Consolidated Minerals Ltd & Consolidated Nickel P.L. increased its relevant interest from 53,420,293 ordinary shares (53.71%) to 55,629,248 ordinary shares (55.93%)

Take over offer by Consolidated Minerals Ltd & Consolidated Nickel P.L. free of all conditions.

Consolidated Minerals Ltd & Consolidated Nickel P.L.

Consolidated Minerals Ltd increased its relevant interest from 19,271,400 ordinary shares (19.69%) to 22,445,588 ordinary shares(22.57%).

Consolidated Minerals Ltd increased its relevant interest from 22,445,588 ordinary shares (22.57%) to  25,127,815 ordinary shares(25.27%).

Consolidated Minerals Ltd increased its relevant interest from 25,127815 ordinary shares (25.27%) to  30,043,923 ordinary shares(30.20%).

CONSOLIDATED Minerals has made a takeover bid for Reliance Mining, an offer that has received the blessing of the Reliance board.

Reliance Mining Ltd 05/01/05 Consolidated Minerals Ltd

Titan Resources NL 2/4/04

Fortescue Metals Group 11/2/04 Consolidated Minerals Ltd ceased to be a substantial shareholder

Alinta PO releasedPrivate investors will have the opportunity to buy some of the 55 per cent of WA gas utility AlintaGas until October 6.