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Denison Mines Presents Investor Update Showing Phoenix Project 24% Complete

By Public Technologies
  • Denison Mines' Phoenix uranium project reached 24% completion at September-end 2026; first production remains targeted for the second half of 2028.
  • Estimated Phoenix capital expenditure totals approximately CAD 700 million, including CAD 600 million following the final investment decision.
  • Cash, physical uranium and investments totaled approximately CAD 539 million at September-end, supporting Phoenix construction financing.
  • Updated Phoenix economics show base-case post-tax net present value of CAD 1.57 billion and a 73% internal rate of return.
  • Uranium sales agreements cover over 8 million pounds, with advanced negotiations underway for more than 5 million additional pounds.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Denison Mines Corp. published the original content used to generate this news brief on November 06, 2026, and is solely responsible for the information contained therein.

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