Denison Mines
Denison Mines Corp. is a Canadian uranium exploration, development, and production company. Founded by Stephen B. Roman, and best known for its uranium mining in Blind River and Elliot Lake, it later diversified into coal, potash, and other projects.
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| Public | |
| Traded as | TSX: DML AMEX: DNN |
| Industry | Mining, Industrial Metals & Minerals |
| Founded | as Denison Mines Inc. 1985 |
| Founder | Stephen B. Roman |
| Headquarters | Toronto, Ontario, Canada |
Number of locations | Toronto, Saskatoon, Vancouver |
Key people | Ron Hochstein P.eng. (CEO) |
Number of employees | 70 (2018)[1] |
| Website | www.denisonmines.com |
Currently, Denison's principal assets are its northern Saskatchewan interests in the McClean Lake mine and the Midwest Uranium Project. Denison serves as manager for Uranium Participation Corporation, a Toronto-based investment fund which holds no licence to deal in uranium. Denison recently purchased a number of projects from Fission Energy Corp - a uranium exploration company founded by Dev Randhawa. The purchase, which included Fission's uranium deposit at Waterbury Lake Canada's Athabasca Basin, means Denison is quite possibly the leading uranium exploration company in the Basin. Denison Mines also acquired the Fission Energy name and a new company, Fission Uranium Corp. was spun out by the Fission Energy management team.
15% of the company is owned by Korea Electric Power Corporation (KEPCO).[2]
In January 2017 Denison announced it had executed an agreement to increase ownership of the Wheeler River Uranium Project in the Athabasca Basin to 66%.[3]
See also
References
- "2018 Annual Information Form" (PDF). Retrieved 2019-04-25.
- Gordon, Julie (2011-09-16). "DealTalk: Cameco may go unchallenged in hostile Hathor bid". Reuters. Retrieved 2011-09-27.
- "Denison Executes Agreement to Increase Ownership of Wheeler River Project Up to 66%". juniorminingnetwork.com. Retrieved January 10, 2017.