BNN Bloomberg
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May 14, 2026
· 4 min read
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This Canadian uranium company is mining without digging to speed production in 2 years - BNN Bloomberg
Original article ↗B.I.A.S. ANALYSIS
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Article Excerpt
A Toronto-based company is changing the way uranium is mined in Canada with cheaper, faster technology that it says will cut production times in half and generate meaningful profit in the next two years.
And it doesn’t require conventional digging.
Denison Mines is currently in the early stages of construction for Canada’s first in-situ recovery uranium mine at the Phoenix deposit of its Wheeler River Project, located in the Athabasca Basin of northern Saskatchewan.
Instead of digging massive pits, in-situ recovery mining dissolves and extracts metals to the surface. The technology is alrea…
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