Business
Denison CEO Highlights Phoenix Post-Feasibility Study Progress and Company Reports Financial and Operational Results for Q2'2024
Denison CEO Highlights Phoenix Post-Feasibility Study Progress and Company Reports Financial and ...
About this update from Denison Mines Corp.
[{"type":"text","content":"\n\n\n\n Denison CEO Highlights Phoenix Post-Feasibility Study Progress and Company Reports Financial and Operational Results for Q2'2024\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n\n\n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n Aug. 8, 2024\n \n\n /CNW/ -\n \n Denison Mines Corp.\n \n ('Denison' or the 'Company') (TSX: DML) (NYSE American: DNN) today filed its Condensed Consolidated Financial Statements and Management's Discussion & Analysis ('MD&A') for the three and six months ended\n \n June 30, 2024\n \n . Both documents will be available on the Company's website at\n \n www.denisonmines.com\n \n , SEDAR+ (at\n \n www.sedarplus.ca\n \n ) and EDGAR (at\n \n www.sec.gov/edgar.shtml\n \n ). The highlights provided below are derived from these documents and should be read in conjunction with them. All amounts in this release are in Canadian dollars unless otherwise stated.\n \n View PDF version\n \n\n\n\n David Cates\n \n , President and CEO of Denison commented,\n \n \"Following the completion of our Phoenix Feasibility Study ('FS') in\n \n June 2023\n \n , we embarked on an ambitious 2-year plan to advance towards a final investment decision. At the end of the second quarter of 2024, we have completed 12-months of post-FS project work and have already achieved completion of over 30% total engineering. Our rapid engineering progress is possible because we have built off of the systematic and rigorous technical evaluation and de-risking work that was incorporated into the FS. The FS already reflects the wave of significant cost inflation experienced in the mining sector from 2021 to 2023 and robust project designs that incorporated the learnings from the environmental assessment process as described in our draft Environmental Impact Statement ('EIS') submitted in 2022. Engineering and ongoing long-lead procurement efforts continue to accelerate in accordance with our project plans and guidance targeting first production by 2027 / 2028.\n \n\n\n\n In parallel, we have obtained support for the project from Indigenous and non-In...