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Denison Mines Corp T.DML

Alternate Symbol(s):  DNN

Metals & Mining Industrial Metals & Minerals
Denison Mines Corp. is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of northern Saskatchewan, Canada. The Company holds a 95% interest in the Wheeler River Project, which is a uranium project. It hosts two uranium deposits: Phoenix and Gryphon. It is located along the eastern edge of the Athabasca Basin in northern Saskatchewan. It holds a 22.5% ownership interest in the McClean Lake joint venture (MLJV), which includes several uranium deposits and the McClean Lake uranium mill. It also holds a 25.17% interest in the Midwest Main and Midwest A deposits, and a 67.41% interest in the Tthe Heldeth Tue (THT) and Huskie deposits on the Waterbury Lake property. The Company, through JCU (Canada) Exploration Company, Limited, holds indirect interests in the Millennium project, the Kiggavik project, and the Christie Lake project. It also offers environmental services. The Company also uses MaxPERF drilling tool technology and systems.


TSX:DML - Post by User

Denison Mines Corp
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Comment by PUNJABIon May 03, 2013 1:48pm
136 Views
Post# 21335942

RE: CCO's inventory

RE: CCO's inventory

As at March 31, 2013, NUKEM had the following purchase commitments to buy uranium and fuel services products:

2013 2014 2015 2016 2017 Thereafter Total

$449,000 $211,000 $198,000 $268,000 $47,000 $235,000 $1,408,000

The inventory break up is in note 5 as follows.

5. Inventories

Mar 31/13 Dec 31/12

Uranium

Concentrate $425,044 $407,067

Broken Ore 27,034 22,537

4 52,078 4 29,604

NUKEM 1 41,041 -

Fuel Services 1 48,692 1 33,974

Total $741,811 $563,578

Cameco expensed $321,300,000 of inventory as cost of sales during the first quarter of 2013 (2012 - $265,900,000).

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