Core Viewpoint - Paladin Energy Ltd has provided an update on the Patterson Lake South (PLS) Project, confirming the technical robustness and significant progress made since its acquisition of Fission Uranium Corp. in December 2024, with a target for first uranium production in 2031 [1][2][4]. Engineering Review - The Engineering Review is part of the ongoing Front-End Engineering and Design (FEED) work, building on the 2023 Feasibility Study [4][6]. - The review has confirmed design improvements, including changes to the process plant layout, site logistics, and infrastructure upgrades [5][6]. Economic Estimates - The updated pre-production capital costs are estimated at US$1,226 million, with average life of mine (LOM) cash operating costs at US$11.7 per pound of U3O8 and sustaining capital costs at US$325 million [6][7]. - The project maintains an unchanged LOM production estimate of 90.9 million pounds of U3O8 and an average annual production of 9.1 million pounds [7][9]. - The updated Net Present Value (NPV) at an 8% real discount rate is US$1,325 million, with an Internal Rate of Return (IRR) of 28.2% and a payback period of 2.4 years based on a US$90 per pound uranium price assumption [9][10]. Sensitivity Analysis - The sensitivity of the project's economics to changes in uranium prices has been detailed, showing varying NPV, IRR, and average annual free cash flow (FCF) based on different price scenarios [10][11]. - For instance, at a uranium price of US$120 per pound, the NPV increases to US$2,172 million with an IRR of 37.5% [10]. Project Timeline - The anticipated project schedule has been updated, with first uranium production targeted for 2031, reflecting the timelines for engineering, procurement, construction, and regulatory approvals [12].

PLS Project Overview - The PLS Project is located in the Athabasca Basin, Canada, a premier high-grade uranium mining jurisdiction[36] - The project targets first uranium production in 2031, reflecting engineering, procurement, construction, and regulatory approval timelines[23] - The project boasts a probable mineral reserve of 93.7 Mlb U3O8 at 1.41%[21] Economic Outcomes - The initial mine life is estimated at 10 years[22] - Average annual production target is approximately 9.1 Mlb U3O8 over the mine life[21, 22] - The Life of Mine (LOM) operating cash cost is forecast at US$11.7/lb[23] - The pre-production capital cost is estimated at US$1,226 million[22, 23] - The sustaining capital cost (LOM) is estimated at US$325 million[22] Growth Potential - The company is focused on extending Triple R mineralized zones and infill drilling to convert 25.1 Mlb U3O8 of indicated mineral resources and 10.9 Mlb U3O8 of inferred mineral resources to mineral reserves[28] - Drilling at the Saloon East zone is planned to follow up on significant radioactivity intersected in 2024 and 2025[28]

TORONTO, Aug. 6, 2025 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to report the results of the Preliminary Economic Assessment ("PEA") completed for In-Situ Recovery ("ISR") mining of the Midwest Main uranium deposit ("Midwest Main") at the Company's 25.17%-owned Midwest project ("Midwest"). The PEA outlines total ISR mine production (100% basis) of 37.4 million pounds U3O8 over an approximately 6-year mine life, resulting in annual average prod ...

Uranium Market Outlook - Nuclear energy demand is increasing due to the need for clean and reliable baseload power[27] - There are 69 reactors under construction worldwide, which will add approximately 76 GW of power generation capacity[29, 30] - Global utilities have approximately 1 billion pounds of uncovered uranium requirements to 2035[34] Langer Heinrich Mine (LHM) - LHM produced 3 million pounds of U3O8 in FY2025 during the ramp-up phase[37] - The average plant overall recovery was 87% at the end of FY2025[37] - The cost of production in FY2025 was US$40.2 per pound of U3O8[37] - LHM has a 17-year mine life supported by 82.8 million pounds of uranium Ore Reserve[37] - 24.1 million pounds of U3O8 are contracted to 2030[53] - 87% of the LHM Ore Reserve is exposed to market-related prices or is uncontracted[53] Patterson Lake South (PLS) Project - PLS has a Probable Mineral Reserve of 93.7 million pounds of U3O8 at 1.41%[58] - A production target of approximately 9 million pounds of U3O8 per year is set over a 10-year mine life[58] - Paladin maintains a 100% controlling interest in the PLS Project throughout its commercial production[59]

Core Viewpoint - NexGen Energy Ltd. has announced promising assay results from its Patterson Corridor East (PCE) project, indicating high-grade uranium mineralization and significant potential for resource expansion in the region [2][4][5]. Group 1: Assay Results - The assay results from drill hole RK-25-227 show 12.0 meters at 3.46% U3O8, including 2.5 meters at 14.9% U3O8 and 0.5 meters at 31.0% U3O8, demonstrating the continuity of high-grade mineralization [3][6]. - Completed assays for 2024 include notable intercepts from holes RK-25-232 (15.0 meters at 15.9% U3O8) and RK-24-222 (17.0 meters at 3.85% U3O8) [6][12]. Group 2: Project Development - The PCE project is emerging as a second major high-grade mineralized system, mirroring the characteristics of the Arrow project, with ongoing drilling to explore the extent of the mineralization [4][5]. - The company aims to continue its efficient discovery and delineation of uranium resources, with a focus on expanding the PCE project [5][17]. Group 3: Market Context - The demand for nuclear power is increasing rapidly, driven by global policy makers and industries, positioning the Athabasca Basin as a key supplier for this demand [5][17]. - NexGen's Rook I Project is being developed to become the largest low-cost uranium mine globally, emphasizing environmental and social governance standards [17][18].

Core Insights - CanAlaska Uranium Ltd. reported high-grade uranium assay results from its Pike Zone at the West McArthur project, with grades reaching up to 85.4% U3O8 [1][2][19] - The winter 2025 drill program significantly expanded the high-grade footprint of the Pike Zone, confirming multiple high-grade intervals [1][4][19] Drill Results - Drillhole WMA079-01 intersected 8.6 metres at 34.59% U3O8, including 5.5 metres at 53.90% U3O8 [1][4] - Drillhole WMA076-01 intersected 14.8 metres at 14.71% U3O8, including 5.4 metres at 39.67% U3O8 [1][4] - The winter program included 29 unconformity tests, with 22 containing uranium mineralization, indicating a strike length of approximately 250 metres [4][19] Expansion and Future Plans - The company is currently conducting a summer drill program aimed at achieving an estimated 15 to 20 additional unconformity target intersections [16][19] - The unconformity target area remains untested for approximately 1,000 metres to the west and 600 metres to the east of the Pike Zone [16][19] Market Context - The uranium market fundamentals are described as strong, with ongoing reserve depletion at current tier-1 producing assets, highlighting the importance of new high-grade discoveries like Pike Zone [5][19] - CanAlaska is focused on Tier 1 uranium deposit discovery and delineation in a secure jurisdiction, with a significant portfolio in the Athabasca Basin [23]

Core Viewpoint - Energy Fuels Inc. is rapidly advancing its uranium production capabilities and pipeline projects in response to recent U.S. government initiatives aimed at revitalizing the domestic uranium industry, with significant achievements reported at the Pinyon Plain mine and other projects [2][3]. Group 1: Pinyon Plain Mine Achievements - The Pinyon Plain mine achieved a record production of 6,043 tons of ore in May, with an average grade of 2.14%, yielding 258,745 pounds of U3O8, a 71% increase from the previous month [4]. - Over the past five months, the mine produced approximately 12,461 tons of ore at an average grade of 1.92%, totaling 478,384 pounds of U3O8 [4]. - The company has reported a monthly production rate of roughly 96,000 pounds of U3O8, with the last two months averaging around 205,000 pounds per month, indicating confidence in exceeding future production expectations [4][5]. Group 2: Bullfrog Project Developments - An updated Technical Report for the Bullfrog Project revealed Indicated Mineral Resources of 10.5 million pounds of eU3O8 and Inferred Mineral Resources of 3.4 million pounds, marking increases of 15% and 70% respectively compared to previous estimates [7][8]. - The Bullfrog Project is projected to have a 15-year mine life with annual production of approximately 700,000 to 800,000 pounds of U3O8, with total development capital estimated at $55 million [9]. - The report indicates an after-tax Net Present Value (NPV) of $31 million and an Internal Rate of Return (IRR) of 14% at an 8% discount rate, with a simple payback period of about 5.8 years [9]. Group 3: Roca Honda and EZ Complex Projects - The Roca Honda Mine has been added to the "FAST-41" federal permitting dashboard, which may expedite its permitting process, with expectations of becoming a large-scale uranium producer later this decade [12]. - Current estimates for Roca Honda indicate a Measured and Indicated Mineral Resource of approximately 17.6 million pounds of eU3O8, with an average grade of 0.48% [13]. - The EZ Complex project is also undergoing permitting activities, with the company holding an air permit and renewing the Aquifer Protection Permit, considered an important long-term uranium project [14].

Core Insights - NexGen Energy Ltd. announced exceptional assay results from drillhole RK-25-232, reporting 15.0 meters at 15.9% U3O8, with a peak intercept of 0.5 meters at 68.8% U3O8, marking it as one of the highest-grade basement-hosted uranium vein intercepts globally [2][8][5] - The results from RK-24-222 and RK-25-232, located 200 meters apart, confirm the scale and continuity of high-grade mineralization in the Patterson Corridor East (PCE) area [3][8] - The winter drilling program added nine new high-grade intercepts, bringing the total to 13, reinforcing confidence in the materiality of the emerging mineralization [3][8] Company Developments - The company has completed 64 drillholes totaling 47,425.9 meters since the discovery phase began, with 35 of these intersecting mineralization that remains open in most directions [3][4] - Drilling at PCE is set to resume on June 1, 2025, with ongoing reporting of assay results for 2025 [4][8] - The CEO highlighted the significance of the assay results, emphasizing that the program is still in the early evaluation stages of PCE [5] Industry Context - The scale of the 2025 drilling program at PCE reflects the company's commitment to advancing new sources of uranium supply amid a global push for nuclear energy deployment [7][9] - The U.S. aims to increase nuclear energy output from 100 GW to 400 GW by 2050, underscoring the importance of projects like Rook I and PCE in meeting future nuclear fuel requirements [9]

Core Viewpoint - Energy Fuels has significantly increased its 2025 uranium production and finished goods inventory guidance by 22% and 193% respectively, while enhancing its working capital position and advancing its high-grade U.S. uranium production and rare earth projects [1][3][4]. Financial Performance - For Q1 2025, Energy Fuels reported a net loss of $26.32 million on revenues of $16.90 million, primarily due to ramping up mining operations and retaining finished goods inventory for future sales at higher prices [6][22]. - The company has a robust balance sheet with over $210 million in liquidity and no debt, including $73 million in cash and cash equivalents [6][22]. Production and Inventory Guidance - The revised guidance for mined uranium in 2025 is between 875,000 and 1,435,000 pounds of U3O8, reflecting a 22% increase from previous estimates [9][14]. - Expected production of finished U3O8 in 2025 is projected to reach up to 1,000,000 pounds, with significant contributions from the Pinyon Plain, La Sal, and Pandora mines [3][10][14]. Strategic Collaborations - Energy Fuels has entered into strategic collaborations with POSCO International and The Chemours Company to create a domestic supply chain for critical minerals, including rare earth elements [5][10]. - The company is also advancing its capabilities to produce mid and heavy rare earths, which are currently subject to Chinese export controls [5][10]. Market Position and Future Outlook - The company is recognized as a leading force in establishing a U.S.-based supply chain for critical materials, supported by various government initiatives [2][5]. - Energy Fuels is prepared to invest hundreds of millions of dollars in U.S. critical mineral processing and mines in allied nations, maintaining its position as a leading U.S. producer of uranium and advanced rare earth materials [6][10]. Recent Developments - A landmark agreement with the Navajo Nation has been signed to ensure safe uranium ore transport and to accept uranium-bearing materials from historic abandoned mines [10][14]. - The company continues to explore and develop its projects, including the Roca Honda and Bullfrog uranium projects, which have the potential to significantly increase production capacity in the coming years [10][14].