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Denison Mines Corp DNN


Primary Symbol: T.DML

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

Post by lithomonon Mar 30, 2022 2:37am
316 Views
Post# 34557968

Russia Ponders a Ban on Uranium Exports

Russia Ponders a Ban on Uranium ExportsHigh probability the Uranium Ban will happen.

There are definitely a good handful of Uranium miners and developers that are listed on Canadian exchanges and developing global Uranium deposits that will need to fast track to production operations.  Global Atomic comes to mind (GLO). Ironically, the President of GLO has a direct family connection to the "founder" of Denison Mines, five or six decades ago.

In the event of a Russian Uranium ban, in addition to the need for a high rate of Uranium development by Canadian companies, the pace of other Green Energy deposits like Lithium developers in Canada will need to accelerate plans to production of battery Lithium compound and get EV's in the hands of drivers globally, especially Europe (Germany) and get off Russian energy fuels. 
Frontier Lithium (FL) comes to mind, multiple high grade Lithium deposits in mining friendly Northern Ontario region with excellent proximity to Great Lakes shipping corridor (i.e. Michigan and Windsor EV battery gigafactories). 
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