The Panel has declined to commence proceedings on an application dated 19 October 2007 from New Hope Corporation Limited (Applicant) in relation to the affairs of Resource Pacific Holdings Limited (Resource Pacific) (see TP07/81), on the basis of additional information Resource Pacific provided to shareholders.

The Panel advises that it has made a declaration of unacceptable circumstances and currently proposes to make final orders in relation to an application dated 15 October 2007 by Palmary Enterprises Limited (Palmary) in relation to the affairs of Consolidated Minerals Limited (Consolidated Minerals) (TP07/76).

The Panel has received an application dated 30 October 2007 from Golden West Resources Limited (Applicant) in relation to the affairs of Golden West Resources Limited (GWR).

The Panel has decided not to commence proceedings on the application dated 24 October 2007 from Merim Pty Ltd (Applicant) in relation to the affairs of Golden Circle (see TP07/82).

The Panel has received an application dated 24 October 2007 from Merim Pty Ltd (Applicant) in relation to the affairs of Golden Circle Limited (Golden Circle).

The Panel has received an application dated 19 October 2007 from New Hope Corporation Limited (Applicant) in relation to the affairs of Resource Pacific Holdings Limited (Resource Pacific).

The Panel has made interim orders on the application dated 15 October 2007 (Application) from Palmary Enterprises Limited (Palmary) in relation to the affairs of Consolidated Minerals Limited (CSM) (TP07/76).

The Takeovers Panel today published its reasons for decision on the application by Pallinghurst Resources Australia Limited, dated 13 August 2007, in relation to the affairs of Consolidated Minerals Limited.

The Panel has declined to commence proceedings on an application dated 14 October 2007 from Gulf Resources Limited (Applicant) regarding the affairs of GoldLink GrowthPlus Limited (GoldLink) (see TP07/75).