Uranium 25 February 2026

Denison Mines Starts Saskatchewan Drill Program as Phoenix Uranium Mine Build Nears
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Denison Mines Starts Saskatchewan Drill Program as Phoenix Uranium Mine Build Nears

Denison Mines began winter drilling at the Wheeler North joint venture in northern Saskatchewan, launching a 2,500-metre diamond drill program weeks after approving construction of its Phoenix uranium mine. Denison owns 49% of Wheeler North and can increase its stake to 70% through further spending and payments to partner Skyharbour Resources. Phoenix’s initial capital cost estimate rose to C$600 million in January. Denison shares rose 8 cents to $3.75.
March 9, 2026
Denison Mines (DNN) stock rises after Phoenix uranium mine greenlight — what investors watch next
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Denison Mines (DNN) stock rises after Phoenix uranium mine greenlight — what investors watch next

Denison Mines’ board approved a final investment decision to build the Phoenix in-situ recovery uranium mine in Saskatchewan, with construction set to begin in March and first production targeted for mid-2028. Shares rose about 3.2% to $4.30 in late trading. Provincial and federal permits were secured by February 2026. Broader uranium ETFs fell about 1.7% in the latest session.
February 25, 2026

Stock Market Today

  • ASX 200 Reacts to Gina Rinehart's Potential Return to Media Sector
    May 26, 2026, 9:42 PM EDT. Gina Rinehart, Australia's richest woman and mining magnate, is reportedly considering a return to the media industry. This has sparked growing interest and speculation on the ASX 200, the benchmark index for Australian stocks. Market watchers are keen to see how her involvement might influence media stocks and the broader market. While details remain sparse, Rinehart's move could reshape media ownership dynamics given her significant business influence. Investors are advised to monitor developments closely as this could impact stock valuations and sector sentiment.