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Denison Mines Advances Phoenix Project Amid Strong Uranium Market

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Denison Mines Advances Phoenix Project Amid Strong Uranium Market

An announcement from Denison Mines ( (TSE:DML) ) is now available.

Denison Mines Corp. has made significant progress in advancing its Phoenix In-Situ Recovery project, with regulatory approvals potentially allowing construction to begin in early 2026 and production by 2028. The company has secured agreements with local communities, progressed engineering efforts, and is preparing for mining restarts and exploration collaborations, positioning itself well in the evolving uranium market.

More about Denison Mines

Denison Mines Corp. is a company operating in the uranium mining industry, primarily focused on the development and operation of uranium mines in northern Saskatchewan. The company is engaged in mining, development, and exploration projects, with a significant emphasis on the Phoenix In-Situ Recovery project and other ventures like McClean Lake and Midwest joint ventures.

YTD Price Performance: -31.73%

Average Trading Volume: 43,279,987

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.22B

Find detailed analytics on DML stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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