Denison reports positive results from in-situ recovery test at the Wheeler Lake project in northern Saskatchewan. Credit: Denison “The recovery of uranium bearing solution at targeted rates and grades is history in the making,” Kevin Himbeault, Denison’s vice-president of plant operations, said in a press release on Monday. “Initial analysis indicates the hydrogeological system has responded as expected with pH trends, flow characteristics and uranium recovery meeting expectations.”
Mining and investment companies are jockeying for acquisitions in the nuclear industry and to develop the Athabasca basin, one of the premier uranium zones in North America, as a confluence of climate change concerns, green power demands and Russian aggression affecting fossil fuel prices widens the appeal of nuclear energy.
Uranium Energy Corp. (NYSE: UEC) has spent $570 million acquiring projects in the past year — including outbidding Denison for UBX in June — while Brookfield Renewable Partners bought Westinghouse’s reactor-building unit last […]
Click here to view original web page at www.mining.com
Posting Guidelines
- Do contribute something to the discussion
- Do post factual information, analysis and your view on company valuations
- Do disclose if you have an interest in a security
- Do take our Terms of Use seriously
- Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
- Do not complain about a post unless you have reported it first, and not on the forum.
- Do not post financial advice
- Do not advertise or post sponsored content
Get involved!
Get Connected!
Come and join our community. Expand your network and get to know new people!
Comments