Hot News in this Week
Feb 20, 2026
The Canadian Nuclear Safety Commission (CNSC) has approved the environmental assessment and issued a license for Denison Mine's Wheeler River uranium project, marking the final regulatory approval needed to begin construction of the Phoenix in-situ recovery (ISR) uranium mine. This decision comes after a two-part public hearing held in October and December 2025 and follows Denison's successful demonstration to the Commission's satisfaction that the mine can be built in a manner that meets Canada's stringent standards. With this approval, Denison moves closer to realizing its goal of commencing production at the Phoenix ISR uranium mine by mid-2028, subject to the company's final investment decision.
Source: www.mining.com
Taseko Mines has begun cathode production at its Florence Copper operation in Arizona, adding a second producing asset to its portfolio, but its shares fell following its annual earnings report due to a wider net loss and lower molybdenum production compared to the previous year.
Source: www.mining.com
In a major boost to Canada's role in the global clean energy shift, NexGen Energy's proposed Rook I uranium mine in Saskatchewan is poised to become the world's largest exporter of uranium, generating $38 billion in revenue and creating hundreds of jobs over 24 years while providing long-term career opportunities for Indigenous communities.
Source: www.miningfeeds.com
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