McClean Lake mine

Ideon Delivers World’s First Borehole Muon Tomography Results

Retrieved on: 
Wednesday, May 17, 2023
Mining, Minerals, Technology, Other Technology, Natural Resources, Other Science, Science, McArthur River mine, Uranium, NRC, 3D, Intelligence, Innovation, Multimedia, Research, Explosion, Development, Anomaly, Artificial intelligence, Orano, EUREKA, National Research Council, Uranium mining, Medical imaging, Space Runaway Ideon, McClean Lake mine

Canadian subsurface intelligence company Ideon Technologies has delivered successful imaging results from the world’s first borehole muon tomography project for mineral exploration, in cooperation with Orano Group (Orano) – one of the top global uranium producers.

Key Points: 
  • Canadian subsurface intelligence company Ideon Technologies has delivered successful imaging results from the world’s first borehole muon tomography project for mineral exploration, in cooperation with Orano Group (Orano) – one of the top global uranium producers.
  • View the full release here: https://www.businesswire.com/news/home/20230517005055/en/
    This 3D density model slice shows the reconstructed density model from muon data, overlain with the borehole muon detectors (blue dots) as shown positioned down the single drillhole.
  • The Ideon subsurface intelligence platform integrates proprietary muon detectors, imaging systems, inversion technologies, and artificial intelligence to produce high-resolution 3D models of underground targets.
  • Six borehole muon detectors were deployed down a single drill hole in a connected sequence, delivering progressive imaging results throughout the survey.

Skyharbour to Acquire 100% of South Dufferin Uranium Project from Denison Mines in the Athabasca Basin, Saskatchewan

Retrieved on: 
Thursday, April 27, 2023
Denison, Related party transaction, Denison Mines, MI, TSX Venture Exchange, Uranium, CAD, Boron, Virgin River, Athabasca Basin, NSR, Fraser Institute, Bangladesh Technical Education Board, Warrant, Sales management, Acquisition, National instrument, Mining, Centennial, Project, Power purchase agreement, News, Uranium mining, McClean Lake mine

Vancouver, BC, April 27, 2023 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired 100% of the South Dufferin Uranium Project (“South Dufferin” or the “Project”) from Denison Mines Corp. (“Denison”).

Key Points: 
  • Vancouver, BC, April 27, 2023 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired 100% of the South Dufferin Uranium Project (“South Dufferin” or the “Project”) from Denison Mines Corp. (“Denison”).
  • Skyharbour’s New Uranium Project Portfolio Map:
    Jordan Trimble, President and CEO of Skyharbour Resources, states: “We are very pleased to have reached an agreement with Denison to acquire a 100% interest in South Dufferin, adding to our recently staked properties and to our dominant uranium project portfolio in the Athabasca Basin.
  • With numerous mineralized showings to the north of the Project, exploration efforts at South Dufferin have advanced the project to a discovery-ready state.
  • Skyharbour continues to own the project 100% without any buyback encumbrance on the project.

Denison Announces Completion of Wheeler River EIS Conformity Review and Commencement of Technical Review

Retrieved on: 
Tuesday, November 29, 2022
Environmental issues, Athabasca Basin, Indigenous, Legislation, Mine, Wheeler, ISR, SEDAR, Risk, CIM, Branches of botany, IRR, CEAA, MOE, Comment, Regulatory affairs, CNSC, Metallurgy, NPV, Environmental impact assessment, Guideline, Ministry of Oil and Mineral Reserves (Syria), NI, Resource management, Canadian Nuclear Safety Commission, Canadian Environmental Assessment Act, News, NYSE, PFS, FFT, Mineral, EDGAR, Elliot Lake, Millennium, THT, TSX, Disclosure, Canadian Institute of Mining, Metallurgy and Petroleum, Multimedia, DNN, EIS, EA, Uranium, Griffin, Person, Medical device, Risk management, Cryptocurrency, Property management, Oil, McClean Lake mine, JCU, Project, Petroleum, Environment, Husky, Phoenix, Cigar Lake Mine

Denison isalsopleased to report that the federal technical review of the EIS, which is being completed under the provisions of the Canadian Environmental Assessment Act, 2012 ("CEAA 2012"), has now commenced.

Key Points: 
  • Denison isalsopleased to report that the federal technical review of the EIS, which is being completed under the provisions of the Canadian Environmental Assessment Act, 2012 ("CEAA 2012"), has now commenced.
  • The technical review process ensures the EIS (and supporting documents) containscomplete and sufficient information and that Denison's analysis of potential effects is performed correctly.
  • The regulatory review process is expected to involve further requests for information/clarification from Denison before the final EIS is accepted by the regulatory agencies.
  • Denison has an effective 95% ownership interest in Wheeler River (90% directly, and 5% indirectly through a 50% ownership in JCU).

Denison Announces Significant Regulatory Milestone for Wheeler River with Submission of Environmental Impact Statement

Retrieved on: 
Wednesday, October 26, 2022
Environmental impact assessment, EA, Mine, NPV, Regulatory affairs, FFT, Legislation, Branches of botany, CEO, SEDAR, Elliot Lake, Phrase, Internal rate of return, Canadian Environmental Assessment Act, News, PFS, Technical report, IRR, NYSE, Wheeler, Internal ratings-based approach (credit risk), Technical, Company, Guideline, Industry, EDGAR, Disclosure, Ownership, Environmental issues, TSX, CNSC, Millennium, Multimedia, Resource management, DNN, Griffin, THT, Risk, EIS, Athabasca Basin, Person, Health, ISR, NI, Forward-looking statement, MOE, Uranium, Cryptocurrency, Oil, Risk management, Security (finance), McClean Lake mine, Cigar Lake Mine, Phoenix, Husky, Project, Indigenous, JCU

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Key Points: 
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    David Cates, Denison's President & CEO, commented,"Canada is an environmentally conscious nation with rigorous federal and provincial environmental protection regimes.
  • Through the process of assessing potential environmental impacts, it becameapparent that our Project has the potential to achieve a superior standard of environmental sustainability.
  • The review process is expected to involvefurther requests for information/clarification from Denison before the final EIS is accepted by the regulatory agencies.
  • Denison has an effective 95% ownership interest in Wheeler River (90% directly, and 5% indirectly through a 50% ownership in JCU).

Denison Announces Exploration Agreement with the Ya'thi Néné Lands and Resources Office, the Athabasca Nations, and Communities of the Nuhenéné

Retrieved on: 
Thursday, October 20, 2022
News, Camsell, First Nations, TSX, NYSE, Athabasca Basin, Millennium, People's Policy Project, Mine, Athabasca, Multimedia, Risk, JCU, Company, Legislation, Intention, CEO, Elliot Lake, Phrase, Environment, DNN, Exploration, Ownership, THT, Camsell Portage, Policy, Oil, Risk management, Husky, McClean Lake mine, Cigar Lake Mine

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Key Points: 
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    The Exploration Agreement expresses the parties' intention to build a long-term relationshipbetween Denison and the YNLR, Athabasca Nations,and Athabasca Communities.
  • This Exploration Agreement will provide certainty to our Basin communities that there will be meaningful engagement on proposed projects and monitoring of exploration activities to ensure the environment and all Treaty Rights arerespected.
  • Through this cooperative approach, Denison is able to obtain consent for its exploration and evaluation activities within the Nuhenn.
  • Denison is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada.

Global Uranium Production Is Forecasted To Reach 63.16ktu In 2025

Retrieved on: 
Tuesday, June 14, 2022
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According to a report from ResearchAndMarkets said the global uranium production is forecasted to reach 63.16ktU in 2025, experiencing growth at a CAGR of 5% during the period spanning from 2021 to 2025.

Key Points: 
  • According to a report from ResearchAndMarkets said the global uranium production is forecasted to reach 63.16ktU in 2025, experiencing growth at a CAGR of 5% during the period spanning from 2021 to 2025.
  • The market is anticipated to experience certain trends like uranium used in radioisotope thermoelectric generators and rising uranium demand fromChinaand developing nations.
  • A gradual decrease in secondary supply, a combination of uranium demand recovery and uranium stockpiling by producers and funds, would lead to the global uranium market remaining in deficit in 2021."
  • ResearchAndMarkets concluded: "The global uranium production by region can be segmented into the following regions: Kazakhstan, Australia, Namibia, Canada, Uzbekistan, Niger, Russia, China, Ukraine, India, South Africa, USA.

Global Uranium Production Is Forecasted To Reach 63.16ktu In 2025

Retrieved on: 
Tuesday, June 14, 2022
FNM, Company, OTCQB, Radioactive decay, NOT, NEWS, Agreement, Energy & Fuels, Toronto Stock Exchange, NYSE, EDGAR, DNN, History, U.S. Securities and Exchange Commission, Growth, ANY, Mining, CSE, Management, News, Urban, CEO, Forward-looking statement, Conversation, Uranium, Securities Exchange Act of 1934, Securities Act of 1933, UEC, Radiation, Industry, System, SEDAR, URG, Consolidated, Nuclear energy, Security (finance), Lower Athabasca Region, TRAC, PALM, TSX, SE, SEC, Private Securities Litigation Reform Act, Program, Research, Electronic document, Form 10-K, Annual report, NEVER, Traction, Good, CAGR, Printed circuit board, Road, Online gambling, Audit, McClean Lake mine

According to a report from ResearchAndMarkets said the global uranium production is forecasted to reach 63.16ktU in 2025, experiencing growth at a CAGR of 5% during the period spanning from 2021 to 2025.

Key Points: 
  • According to a report from ResearchAndMarkets said the global uranium production is forecasted to reach 63.16ktU in 2025, experiencing growth at a CAGR of 5% during the period spanning from 2021 to 2025.
  • The market is anticipated to experience certain trends like uranium used in radioisotope thermoelectric generators and rising uranium demand fromChinaand developing nations.
  • A gradual decrease in secondary supply, a combination of uranium demand recovery and uranium stockpiling by producers and funds, would lead to the global uranium market remaining in deficit in 2021."
  • ResearchAndMarkets concluded: "The global uranium production by region can be segmented into the following regions: Kazakhstan, Australia, Namibia, Canada, Uzbekistan, Niger, Russia, China, Ukraine, India, South Africa, USA.

Orano Increases Ownership in Cigar Lake Mine

Retrieved on: 
Tuesday, May 10, 2022
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SASKATOON, Saskatchewan, May 10, 2022 (GLOBE NEWSWIRE) -- Orano Canada Inc. (Orano) and Cameco Corporation (Cameco) have reached an agreement to jointly acquire Idemitsu Canada Resources Ltd.s (Idemitsu) 7.875% ownership in the Cigar Lake Joint Venture.

Key Points: 
  • SASKATOON, Saskatchewan, May 10, 2022 (GLOBE NEWSWIRE) -- Orano Canada Inc. (Orano) and Cameco Corporation (Cameco) have reached an agreement to jointly acquire Idemitsu Canada Resources Ltd.s (Idemitsu) 7.875% ownership in the Cigar Lake Joint Venture.
  • We are excited to increase our ownership stake in the Cigar Lake mine, said Orano Canada President and CEO Jim Corman.
  • Orano Canada is the operator of the McClean Lake uranium mill and a major partner in the Cigar Lake (currently 37.1% increasing to 40.453%), McArthur River (30.2%) and Key Lake (16.7%) operations.
  • Orano toll mills the ore from the Cigar Lake mine at the McClean Lake mill.

Cameco Increases Ownership Stake in Cigar Lake Mine

Retrieved on: 
Tuesday, May 10, 2022
Energy, Natural Resources, Other Energy, Mining, Minerals, COVID-19, McClean Lake mine, News, Nuclear energy, NI, Ownership, Uranium, Growth, Failure, Risk, Method, Cameco, Cigar Lake Mine

Please see pages 79 and 80 of Camecos March 22, 2022 annual information form for the key assumptions, parameters and methods used to estimate the Cigar Lake mineral reserves and resources.

Key Points: 
  • Please see pages 79 and 80 of Camecos March 22, 2022 annual information form for the key assumptions, parameters and methods used to estimate the Cigar Lake mineral reserves and resources.
  • The technical and scientific information discussed in this document for Cigar Lake was approved by the following individual who is a qualified person for the purposes of NI 43-101: Lloyd Rowson, general manager, Cigar Lake, Cameco.
  • Cameco is one of the largest global providers of the uranium fuel needed to energize a clean-air world.
  • Our competitive position is based on our controlling ownership of the worlds largest high-grade reserves and low-cost operations.

Denison Announces Results of Shareholder Meeting

Retrieved on: 
Wednesday, May 4, 2022
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The Company was advised that proxy advisory firm Institutional Shareholder Services ("ISS") recommended a "withhold" vote against Mr. Hochstein, which is believed to have impacted the voting results at the Meeting.

Key Points: 
  • The Company was advised that proxy advisory firm Institutional Shareholder Services ("ISS") recommended a "withhold" vote against Mr. Hochstein, which is believed to have impacted the voting results at the Meeting.
  • Mr. Hochstein has served as President and CEO of Lundin Gold Inc. since 2014, resigning as CEO of the Company in March 2015.
  • Denison is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada.
  • Denison does not undertake any obligation to publicly update or revise any forward-looking information after the date of this news release to conform such information to actual results or to changes in Denison's expectations except as otherwise required by applicable legislation.