T.DML Acquires 50% of JCU (Canada) Exploration Company, Limited and Increases Effective Interest in Wheeler River to 95%

TORONTO, Aug. 3, 2021 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce the completion of its acquisition of 50% ownership of JCU (Canada) Exploration Company, Limited (“JCU”), from UEX Corporation (“UEX”), for cash consideration of $20.5 million.  Denison’s acquisition of a 50% interest in JCU occurred immediately …

T.UEX Closes the JCU Transaction and the Denison Agreement

Saskatoon, Saskatchewan, August 3, 2021 – UEX Corporation (TSX:UEX, OTCQB:UEXCF)(“UEX” or the “Company”) is pleased to announce that UEX has closed the transaction (the “JCU Transaction”) with Overseas Uranium Resources Development Co., Ltd. (“OURD”) to acquire OURD’s wholly-owned subsidiary JCU (Canada) Exploration Company, Limited (“JCU”), as disclosed in UEX’s news releases dated April 22, 2021 …

Bipartisan $1 trillion Senate infrastructure bill focuses on nuclear, carbon capture, transmission

A bipartisan group of senators on Sunday unveiled its nearly $1 trillion infrastructure bill, formalized into text following a 67-32 consensus to advance the legislation. The vote to advance the bill included the support of 17 Republicans. The approximately 2,700-page bill would invest billions of dollars in transmission and grid infrastructure, new advanced nuclear plants as …

New study confirms viability of Etango-8

Newly released results from a pre-feasibility study (PFS) of the Etango-8 uranium project have confirmed the strong technical and economic viability of conventional open pit mining and heap leach processing of the deposit in Namibia, Bannerman Energy has announced. The company now plans to complete a definitive feasibility study (DFS) in 2022. The PFS follows …

Nigeria partners Russia to include nuclear power in national grid

The Federal Government via the Nigerian Atomic Energy Commission (NAEC) and the Ministry of Power are currently cementing talks with the Russian Federation on plans to accommodate nuclear power in the Nigeria’s national grid. The discussion also extends to the Federal Ministry of Finance, Budget and National Planning on how to accommodate the feasibility study …