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Stock Market & Financial Investment News

News Breaks
March 14, 2013
08:37 EDTDNNDenison Mines updates uranium exploration activities.
A program of both infill and exploration drilling is well underway with two drills at Wheeler River. Eighteen of 28 planned drill holes have been completed. One of the first exploration drill holes of the program, drill hole WR-489, located approximately 2.1 kilometres northeast of the Phoenix deposits intersected uranium mineralization in faulted graphitic pelitic gneiss immediately below the sub-Athabasca unconformity at a vertical depth of 380 meters below surface. A 2,370 metre drilling program has been completed on the Hatchet Lake property in the northern part of the eastern Athabasca Basin. Hatchet Lake is 50% owned and operated by Denison and 50% owned by Anthem Resources Inc. A total of 13 drill holes, including one re-start, were completed during the program - two more than originally planned due to the intersection of uranium mineralization at the unconformity in two drill holes on the Crooked-Richardson Lakes trend.
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October 9, 2014
08:14 EDTDNNCameco reports first uranium concentrate from Cigar Lake ore
Cameco (CCJ) announced last night that the McClean Lake mill has started producing uranium concentrate from ore mined at the Cigar Lake operation in northern Saskatchewan. The Cigar Lake mine is 50.025% owned by Cameco, while AREVA Resources Canada has a 37.1% stake, Idemitsu Canada Resources has a 7.875% stake and TEPCO Resources a 5.0% stake. The mine is operated by Cameco. The McClean Lake mill is owned by AREVA Resources Canada, with 70%, Denison Mines (DNN), with 22.5%, and OURD Canada, with 7.5%, and is operated by AREVA.

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