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.

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.