Denison's Q3 2025 Financial Results Announced
Slice of Energy Team
11/10/2025
Key highlights
- First uranium production achieved at McClean North using the SABRE mining method.
- 85% engineering completion for the Phoenix ISR mine at Wheeler River.
- US$345 million convertible notes issued to advance project development.
- Provincial EA approval received and federal hearing process underway.
- Strong liquidity with nearly $720 million in cash, investments, and uranium holdings.
Source: PR Newswire
Notable Quote
“ Denison has delivered several key accomplishments during the second half of 2025, demonstrating our ongoing re-emergence as a globally significant uranium producer. ”
David Cates, President and CEO at Denison Mines Corp.
Why this matters
Denison's achievements signal a robust growth trajectory in the uranium sector, showcasing the company's readiness to meet increasing global energy demands through sustainable nuclear initiatives. This development is particularly significant for the energy sector.
