• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Energy Market
    Energy News
    Energy Stocks
    • Energy Market
    • Energy News
    • Energy Stocks
    market news

    Denison Position Helped by Rio Tinto’s Uranium Gamble

    Investing News Network
    Apr. 23, 2012 01:18PM PST
    Energy Investing

    Bloomberg reported Denison Mines (TSX:DML,NYSE:DNN) is in a better position now that Rio Tinto (NYSE:RIO,ASX:RIO) has begun extracting uranium in Canada.

    Bloomberg reported Denison Mines (TSX:DML,NYSE:DNN) is in a better position now that Rio Tinto (NYSE:RIO,ASX:RIO) has begun extracting uranium in Canada.

    As quoted in the market news:

    Denison, which owns deposits in Saskatchewan’s Athabasca Basin, rose 29 percent last week after the sale of its U.S. unit sparked speculation it was positioning itself to be acquired. The decision came three months after Rio secured a toehold in the area by outbidding Cameco Corp. (CCO), the world’s largest uranium producer, with a $642 million offer for Hathor Exploration Ltd.

    Click here to read the full Bloomberg report.

    athabasca basinmarket newslargest uranium producerasx:riocameco corpcanadanyse:rionyse:dnn
    The Conversation (0)

    Go Deeper

    AI Powered
    Nuclear power plant powered by uranium at dusk.

    Uranium Stocks: 5 Biggest Companies in 2025

    Cameco

    Cameco

    Latest News

    Alvopetro Announces September 2025 Sales Volumes, Quarterly Natural Gas Price Update, Non-Core Disposition and Western Canadian Expansion

    Angkor Resources Completes First Onshore Seismic Program in Cambodia; Vanderbilt Report Publishes Coverage

    CHARBONE Hydrogene securise les actifs de production d'hydrogene d'Harnois Energies pour accelerer la production d'hydrogene propre a ultra haute purete a Sorel-Tracy

    CHARBONE Hydrogen Secures Harnois Energies' Hydrogen Assets to Accelerate Clean Ultra High Purity Hydrogen Production at Sorel-Tracy

    AEG Confirms Pre-Sale of 35% of Initial 8 MW UAE Capacity with Strong Revenue Outlook and Clear Expansion Path

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES