The share price of Denison Mines Corp. (NYSE:DNN) surged by 15.51% between July 15 and July 22, 2025, putting it among the Energy Stocks that Gained the Most This Week.
An open pit mine with a large yellow excavator machine with tailings visible in the background, illustrating the uranium extraction process.
Denison Mines Corp. (NYSE:DNN) is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada.
Denison Mines Corp. (NYSE:DNN) shot up this week after the company announced that it had commenced uranium mining operations at the McClean North deposit using the patented SABRE mining method, together with Orano Canada as its joint venture partner. Denison owns a 22.5% interest in the JV, while Orano Canada owns 77.5%.
David Cates, President and CEO of Denison Mines Corp. (NYSE:DNN), stated:
“The successful commencement of SABRE mining at McClean North marks a significant milestone in the history of the MLJV, as the joint venture returns to active mining operations for the first time since 2008. Orano Canada is a world-class operator that has consistently demonstrated excellence in operation and innovation in Saskatchewan. We congratulate Orano on its leadership, long-term vision, and dedication to the development of the MLJV’s SABRE mining method and ultimately the commercialization of the technology through the deployment at McClean North.”
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Disclosure: None.