Credit: RHJPhtotos via Shutterstock

Canadian uranium exploration company IsoEnergy has concluded the previously announced acquisition of Consolidated Uranium. The deal valued Consolidated Uranium at almost $669.4m (C$903.5m). Pursuant to the deal, Consolidated Uranium shareholders secured 0.5 shares of IsoEnergy for each share held. IsoEnergy CEO and director Philip Williams said he looked forward to "unlocking value through exploration", particularly by advancing its Australian projects.

Evolution Mining, an Australia-based gold mining company, has signed a binding deal to acquire an 80% stake in the Northparkes copper-gold mine from CMOC Group for $475m (A$722.35m) in cash. Of the total consideration, $400m will be paid upfront and the balance of $75m will be payable on a contingent basis. The remaining 20% interest in the mine will be retained by Sumitomo Metal Mining and Sumitomo Corporation.

Australian company Desert Metals has agreed to acquire Côte d’Ivoire-based CDI Resources Limited (CDI). CDI, through its subsidiaries CDI Minerals and CDI Lithium, holds interests in seven gold and lithium projects in West Africa. These projects, which cover an area of 2,769km², comprise granted mineral permits and permit applications. 

Delta Lithium has secured lithium, caesium and tantalum (LCT) mineral rights from Dalaroo Metals over its 100%-owned Lyons River project in Gascoyne, Western Australia. Delta will pay A$500,000 ($330,804) and issue shares worth a total of A$500,000 to Dalaroo upon completion. It also agreed to spend a minimum of A$280,000 annually on exploration for three years. The Lyons River Project tenements cover around 838km².