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The Uranium Mining Industry and The Uravan ... - Uranium Watch

The Uranium Mining Industry and The Uravan ... - Uranium Watch

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2012 EF & Dension US merger<br />

Denison produces or has produced <strong>Uranium</strong> from<br />

mines in Canada <strong>and</strong> UT <strong>and</strong> has development<br />

stage properties in AZ, UT, Mongolia <strong>and</strong><br />

Zambia. It lost $71 million in 2010, an asset<br />

writedown primarily due to the continuing<br />

decline in uranium prices.<br />

Energy Fuels acquired an operating mine<br />

(Daneros) <strong>and</strong> the White Mesa Mill in UT from<br />

Denison, plus numerous exploration projects. It<br />

also acquired the Pinenut Mine in northwest AZ,<br />

which plans to begin operations this summer.<br />

Denison shareholders will soon own over 66%<br />

of Energy Fuels.

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