Denison Mines Corp (TSE:DML) has released an update.
Denison Mines Corp is celebrating 70 years in uranium mining and is on the cusp of deciding whether to construct one of the world’s lowest-cost uranium mines, the Wheeler River project, utilizing innovative In-Situ Recovery mining techniques. With a shift in strategy 15 years ago focusing on high-grade uranium in Saskatchewan, Denison has benefited from a rise in uranium prices and positive market sentiment. The company is well-placed with valuable uncommitted uranium resources and is preparing for potential shortages in the market amid growing nuclear energy demand and geopolitical instability.
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