West Perth-based Consolidated Minerals Ltd has announced the appointment of former BHP Minerals chief executive Dick Carter as its new chairman, and a $3.4 million payout to its departing managing director Michael Kiernan.

West Perth-based Consolidated Minerals Ltd has announced the appointment of former BHP Minerals chief executive Dick Carter as its new chairman, and a $3.4 million payout to its departing managing director Michael Kiernan.