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Stock Market & Financial Investment News

News Breaks
January 10, 2013
08:35 EDTDNNDenison Mines announces 2013 exploration and development plans
Denison Mines announces that its 2013 exploration plans are focussed on the Athabasca Basin with over 44,000 metres of drilling planned, a 25% increase over the amount drilled in 2012. "The 2013 plan will continue to focus on expanding our 60% owned Wheeler River project resource base and other high priority Athabasca Basin exploration projects will receive more attention than in recent years" said Ron Hochstein, president and CEO of Denison. In Canada, Denison will manage or participate in 11 exploration programs, of which Wheeler River will continue to be the primary focus. The total budget for these programs is C$14.6M of which Denison's share is C$9.9M. At Wheeler River, a 25,000 metre winter and summer drill program is planned along with geophysical surveys at a total cost of C$6.8M. Drilling at Wheeler River will have a greater emphasis on exploration as compared to past years, both proximal to Phoenix and at other target areas.
News For DNN From The Last 14 Days
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November 13, 2014
09:45 EDTDNNNYSE reports issue affecting one NYSE MKT workstation
The NYSE MKT cash equities market is currently experiencing an issue with one workstation affecting order processing and trade execution in nine symbols, it announced in a market status alert. The impacted symbols are Cornerstone Progressive Return Fund (CFP), Alpha Pro Tech (APT), Denison Mines (DNN), First Austrailian Prime Income Fund (FAX), iBio (IBIO), inTEST (INTT), Provectus (PVCT), TherapeuticsMD (TXMD) and Uranerz Energy (URZ). The NYSE MKT will issue a non-regulatory halt condition in the symbols and will not be trading these securities for the remainder of the day, it stated. Reference Link
November 10, 2014
11:12 EDTDNNUranium stocks rally after Japan approves reactor restart
Stocks of companies involved with the production, exploration and extraction of uranium are higher after the Kagoshima prefecture approved the restart of the Sendai nuclear power plant in Satsumasendai, Japan. The restart, which is slated to happen next year, will be the first restart since the meltdown at the Fukushima facility in 2011. WHAT'S NOTABLE. According to a BBC report, before the Fukushima incident 30% of Japan's power was nuclear-generated. Japan's Prime Minister Shinzo Abe has argued that the nuclear shutdown is hurting Japan's economy, as it has forced Japan to import expensive fossil fuels to make up the power shortfall. STOCKS TO WATCH. Shares rising following the news include Denison Mines (DNN), which is up over 6%, Uranerz Energy(URZ), up 14%, Cameco (CCJ), up almost 2%, UR-Energy (URG), up almost 14%, Uranium Energy (UEC), up 7%, Energy Fuels (UUUU), up 11% and Uranium Resources (URRE), which is up 19% in late morning trading.

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