sector: Basic Materials ·
industry: Precious Metals & Minerals ·
Denison Mines Corp. (Denison) is engaged in uranium exploration, development, mining and milling. The Company has uranium mining projects in both the United States and Canada and development projects in Canada, Zambia and Mongolia. Denison’s assets include an interest in two of the four licensed and operating uranium mills in North America, with its 100% ownership of the White Mesa mill in Utah and its 22.5% ownership of the McClean Lake mill in Saskatchewan.
BRIEF: For the six months ended 30 June 2009, Denison Mines Corp. revenues decreased 29% to $35.4M. Net loss decreased 19% to $20M. Revenues reflect significant lower income from Canada mining segments. Lower loss reflects decrease in expenses from sales royalties & capital taxes, lower mineral property exploration expenses, and decreased other income (expense) net due to presence of foreign exchange gains vs. a loss.
Denison Mines Corp.
595 Bay Street
Suite 402
Toronto BC M5G 2C2
P: +1416.9791991
F: +1416.9795893