Substantial Shareholding

RNS Number:8750L
Consolidated Minerals Limited
16 January 2008


16 January 2008


Consolidated Minerals Limited (ASX:CSM, AIM:CNM, FSE:CMN) advises that Palmary
Enterprises (Australia) Pty Limited ("Palmary") has lodged a notice of change of
interests of substantial holder.


The notice discloses that Palmary has a 95.56% shareholding in Consolidated
Minerals, represented by 252,645,162 fully paid ordinary shares. The additional
shares were acquired as a result of settlement of on market purchases.


A copy of Palmary's announcement is available on the ASX website www.asx.com.au



John Abbott
Company Secretary




The Company's nominated adviser is RFC Corporate Finance Ltd - contact Stephen
Allen +61 8 9480 2507.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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