Uranium & Fuel

Final Investment Decision Taken On Wheeler River Uranium Project In Canada

By Kamen Kraev
27 February 2026

Denison says uranium mine ‘first in more than 20 years’

Final Investment Decision Taken On Wheeler River Uranium Project In Canada
Wheeler River is in Canada’s Athabasca Basin in northern Saskatchewan, approximately 600 km north of the city of Saskatoon. Courtesy Denison Mines.
Denison Mines has made a final investment decision to proceed with construction of the Phoenix in-situ recovery uranium mine at its Wheeler River project in northern Saskatchewan, Canada.

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