MINING veteran Michael Kiernan has emerged from two years away from the limelight with a new manganese business in Indonesia, and plans for a listing on the Australian Securities Exchange next year
Palmary Enterprises has stated categorically that it does not have an interest in a mystery 16 per cent shareholding in takeover target Consolidated Minerals Ltd, nor does its president Gennadiy Bogolyubov or his business associate Igor Kolomoisky.
Consolidated Minerals Ltd bidder Pallingurst Resources Ltd has maintained the heat on rival bidder Palmary Enterprises by providing "prima facie evidence" that Palmary president Gennadiy Bogolyubov and Igor Kolomoisky are business associates.