Denison Mines Corp. Highlights Low-Cost Uranium Project Advances in New Investor Presentation
Reuters
Nov 18, 2025
Denison Mines Corp. Highlights Low-Cost Uranium Project Advances in New Investor Presentation
Denison Mines Corp. has released an investor update highlighting its position as an advanced uranium developer in the Athabasca Basin, Northern Saskatchewan. The company reports a strong balance sheet, with approximately CAD$718 million in cash, physical uranium, and investments. Denison's flagship Phoenix project, utilizing in-situ recovery mining, has received key federal and provincial approvals. The company's portfolio includes four low-cost uranium development projects-Phoenix, Gryphon, Midwest, and THT/Waterbury-all ranked within UxC's "First Tier" of global uranium assets. Denison also holds minority interests in the Millennium and Kiggavik projects. The initial capital expenditure for the Phoenix project is estimated at about CAD$400 million for Denison's effective 95% interest. Denison remains focused on uranium development and exploration in the infrastructure-rich Eastern Athabasca Basin. You can access the full presentation through the link below.
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