Denison Mines Corp. filed its Condensed Consolidated Financial Statements and Management's Discussion & Analysis for the third quarter ended September 30, 2024. The company reported a net loss of CA$25.8 million for the quarter.
Operationally, Denison continued to advance its Phoenix In-Situ Recovery (ISR) uranium mining operation, achieving 45% completion of total engineering by the end of the third quarter. The company also made $21 million in milestone payments or commitments for initial project capital expenditures.
Regulatory efforts for the Wheeler River Project progressed, with substantially all outstanding information requests from the Canadian Nuclear Safety Commission's (CNSC) review of the draft Environmental Impact Statement (EIS) resolved. A final Provincial EIS was submitted to the Saskatchewan Ministry of Environment, moving closer to formal provincial approval.
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