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Denison Mines (DNN) Secures Final Federal Approval to Construct Landmark Phoenix Uranium Mine
Yahoo Finance· 2026-02-25 11:19
Core Insights - Denison Mines Corp. has received final regulatory approval for the construction of the Phoenix In-Situ Recovery uranium mine at its Wheeler River Project, marking a significant milestone as the first ISR mining project authorized in Canada and the first large-scale uranium mine approved in over 20 years [1][2] Group 1: Project Development - The Canadian Nuclear Safety Commission has granted the necessary permits, allowing Denison to begin site preparation and construction activities immediately [1] - Denison has awarded the construction management contract and is financially positioned to support the project's development, with an expected construction timeline of approximately two years [2] - The Phoenix mine is projected to achieve its first uranium production by mid-2028, contributing to the Wheeler River Project, which is the largest undeveloped uranium project in the region [2] Group 2: Company Overview - Denison Mines Corp. focuses on acquiring, exploring, and developing uranium-bearing properties in Canada, holding a 95% interest in its flagship Wheeler River uranium project located in the Athabasca Basin [3]
Denison Announces Final Investment Decision for the Phoenix In-Situ Recovery Uranium Mine and Plans to Start Construction in March 2026
Prnewswire· 2026-02-24 23:04
the Company's outlook generally with respect to ISR mine development and operations on the Wheeler River property; the status of a final investment decision; timing, readiness and mobilization for site clearing and construction, and construction planning; current outlook for the achievement of first production; the results of, and estimates, assumptions and projections provided in, the technical report for Wheeler River and the interpretations and expectations with respect thereto, including the updated ini ...
Stallion Uranium Announces Completion of Ground Gravity Extension Survey over Coyote Corridor
Globenewswire· 2026-02-24 12:30
VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is pleased to announce the completion of an extension to its previous ground gravity survey along the Coyote Corridor, located within the Southwestern Athabasca Basin Joint Venture (“JV”) Project in partnership with Atha Energy Corp. (TSX-V: SASK). The recently completed program represents a direct extension of the Company’s original gravity grid and was d ...
Cameco (NYSE:CCJ) Conference Transcript
2026-02-23 21:02
Cameco (NYSE:CCJ) Conference February 23, 2026 03:00 PM ET Company ParticipantsGrant Isaac - President and COOConference Call ParticipantsAlex Pearce - Equity Research Analyst of Metals and MiningGrant IsaacBe here. I thought I would open with a few comments. The reason I'm gonna do this is something funny happened in our Q4 quarterly call. For the first time in 16 years, nobody asked about the spot market or the term market of uranium. Didn't happen. You didn't ask, nobody asked. I don't wanna lose the opp ...
Traders Buy Large Volume of Put Options on Cameco (NYSE:CCJ)
Defense World· 2026-02-20 08:39
Cameco Corporation (NYSE:CCJ – Get Free Report) (TSE:CCO) saw unusually large options trading on Thursday. Traders purchased 28,210 put options on the stock. This represents an increase of 942% compared to the typical daily volume of 2,706 put options. Get Cameco alerts: Cameco Stock PerformanceShares of CCJ stock opened at $119.14 on Friday. The stock’s 50-day moving average price is $108.19 and its 200 day moving average price is $92.95. Cameco has a 52-week low of $35.00 and a 52-week high of $135.24. Th ...
ALPS Launches Nuclear ETF With Options Strategy
Etftrends· 2026-02-19 16:59
Core Viewpoint - The launch of the ALPS Nautilus SMR, Nuclear & Technology ETF (SMRF) reflects a growing interest in nuclear power as a solution to increasing electricity demands driven by artificial intelligence and data centers [1] Group 1: ETF Overview - The SMRF ETF offers exposure to companies across the nuclear and small modular reactor value chain while pairing them with leading AI companies [1] - The ETF has a 0.65% expense ratio and employs an active options overlay strategy to generate monthly income and reduce volatility compared to its benchmark [1] - Thematic investing is gaining traction, with advisors seeking diversified exposure to long-term trends, making the addition of this ETF significant [1] Group 2: Nuclear Power Revival - The fund's strategy aligns with a broader shift in energy markets as tech companies look for reliable, carbon-free power sources for energy-intensive operations [1] - Small modular reactors are designed to be modular and can be assembled to meet varying power needs, representing a modern approach to nuclear energy [1] Group 3: Portfolio Construction - Top holdings include uranium miners such as Kazatomprom, Energy Fuels Inc., NexGen Energy, Uranium Energy Corp., and Cameco Corp., along with nuclear technology companies like BWX Technologies and Constellation Energy Corp. [1] - The fund's sector allocations are 40.4% in basic materials, 22% in technology, and 13.1% in industrials, with geographical exposure primarily in the United States (47.6%), Canada (19.2%), and Australia (6.8%) [1] - The options strategy may limit profit potential from sharp increases in underlying securities but offers exposure to the nuclear energy theme with steady income and managed volatility [1]
Denison Receives Final Regulatory Approval to Construct the Phoenix ISR Uranium Mine
Prnewswire· 2026-02-19 15:31
TORONTO, Feb. 19, 2026 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce that the Canadian Nuclear Safety Commission ("CNSC") has released the decision of its administrative tribunal (the "Commission") approving the Environmental Assessment ("EA") and issuing the Licence to Prepare Site & Construct a Mine and Mill (the "Licence") for the Wheeler River Uranium Project ("Wheeler River").  With the EA having previously been approved by the ...
Eagle Plains Provides Update on Uranium City Uranium Projects and Announces Hiring of Andrew Wilson as Investor Relations Representative
Accessnewswire· 2026-02-19 12:00
CRANBROOK, BC / ACCESS Newswire / February 19, 2026 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) ("EPL" or "Eagle Plains") has offered to Xcite Resources Inc.(TSX-V:XRI) ("XRI or Xcite"), and Xcite has accepted, seven dispositions recently acquired by staking in the Uranium City area, northern Saskatchewan. ...
Greenridge Exploration Announces Commencement of Winter 2026 Drilling Program with Denison Mines at the Hook-Carter Uranium Project in the Athabasca Basin, Saskatchewan
Globenewswire· 2026-02-18 13:00
Core Viewpoint - Greenridge Exploration Inc. has commenced its 2026 winter drilling program at the Hook-Carter Uranium Project, which is a joint venture with Denison Mines Corp. The project is strategically located in the southwestern Athabasca Basin, known for its rich uranium deposits [1][3]. Group 1: Drilling Program Details - The 2026 drilling program will involve up to eight diamond drill holes, totaling approximately 4,600 meters [4]. - The drilling targets were established through the integration of 2025 ground geophysical surveys and historical exploration data, focusing on the underexplored Derkson Trend [4]. - The program is expected to be completed by the end of March 2026, with operations based from a temporary work camp on-site [5]. Group 2: Project Background - The Hook-Carter Project consists of eleven claims covering 25,115 hectares and is located approximately 147 kilometers northeast of La Loche, Saskatchewan [6]. - The project is interpreted to host the northeastern strike extension of the Patterson Lake Corridor, which includes significant uranium deposits from other companies [6][7]. - Denison Mines Corp. holds an 80% interest in the project, while Greenridge retains a 20% interest [1]. Group 3: Joint Venture Agreement - In October 2016, ALX Resources Corp. sold an 80% interest in the project to Denison for 7.5 million common shares, retaining a 20% interest [8]. - Denison's exploration expenditures at Hook-Carter from 2016 to 2023 totaled approximately $7.08 million, which included nearly 12,000 meters of diamond drilling [8]. - In December 2024, Greenridge acquired ALX Resources and assumed its ownership interest and funding obligations in the joint venture [10]. Group 4: Company Overview - Greenridge Exploration Inc. is focused on creating shareholder value through the acquisition, exploration, and development of critical mineral projects in Canada, owning or having interests in 23 projects covering approximately 269,246 hectares [13]. - The company has one of the largest uranium property portfolios in Canada, consisting of 14 projects covering about 190,932 hectares [14]. - Greenridge's management team has significant expertise in capital raising and advancing mining projects, positioning the company to attract new investors [14].
Fusion Fuel Inks Transformational Agreement to Acquire a Portfolio of Nineteen High-Quality Uranium & Gas Royalties Based in the Americas
Globenewswire· 2026-02-18 12:45
Core Insights - Fusion Fuel Green PLC has entered into a definitive agreement to acquire a controlling interest in Royal Uranium Inc., which holds a diversified portfolio of uranium royalties [1][15] - This acquisition is expected to enhance Fusion Fuel's exposure to critical energy sources, particularly uranium and natural gas, which are essential for global energy security and the expansion of AI-driven infrastructure [2][5] Strategic Rationale - The acquisition provides Fusion Fuel with exposure to sixteen uranium and three natural gas royalties in the Americas, positioning the company to benefit from the increasing demand for energy sources necessary for electrification and decarbonization [3][5] - Global data center power demand is projected to grow over 160% by 2030, with a significant increase in AI-related power demand, while uranium demand is expected to rise significantly through 2040, creating a structural supply deficit [3][6] Portfolio Quality - The portfolio includes royalties from major uranium miners in tier-one jurisdictions, ensuring high-quality exposure while minimizing operational risks associated with mining [4][5] - The inclusion of producing natural gas royalties adds immediate cash flow and energy diversification, complementing the uranium assets [5][8] Business Model and Financial Implications - The royalty structure allows Fusion Fuel to participate in long-term revenue without direct operating costs or capital expenditure obligations, providing high-margin, scalable cash flow potential [9][13] - The acquisition is seen as a foundational step in building a differentiated clean energy royalty platform, enhancing long-term asset value and enterprise optionality [10][14] Management Perspective - Management believes that entering the uranium and clean energy royalty space is strategically significant, aligning with the global shift towards reliable and scalable clean energy sources [11] - The transaction reflects a disciplined, capital-efficient approach to value creation, with plans to expand the portfolio in the uranium and nuclear sectors [11][12]