DML Denison Mines Inc

Uranium prices are finally starting to stabilize as companies are cutting back on production. Demand has softened following the Fukushima nuclear disaster, leading producers to slow production to conserve margins. The Bedford Report examines the outlook for companies in the Uranium Sector and provides investment research on Cameco Corporation (NYSE: CCJ) (TSX: CCO) and Denison Mines Corporation (NYSE Amex: DNN) (TSX: DML). Access to the full company reports can be found at:

www.bedfordreport.com/CCJ

www.bedfordreport.com/DNN

Uranium prices have yet to recover from the aftermath of Japan's devastating earthquake in March. Demand has slumped as Germany announced plans to close all 17 of its nuclear power reactors by 2022. Until recently, production remained on the upswing. However, earlier this month the world's top producer, Kazakhstan, announced that it has stabilized production to around 20,000 metric tons annually in order to avoid further depressing prices.

Sergei Dara, Director of Strategic Development and International Projects at Kazatomprom, the state nuclear company, said as long as prices remain at their current low levels, "Kazakhstan will not develop new projects and our production will remain at the current level."

The Bedford Report releases stock research on the Uranium Sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Cameco, with its head office in Saskatoon, Saskatchewan, is one of the world's largest uranium producers. The company's uranium products are used to generate electricity in nuclear energy plants around the world. The company said it now sees global uranium demand in 2011 at 175 million pounds, compared with a previous estimate of 180 million pounds. It forecasts world uranium demand in 2020 at 225 million pounds, down from an earlier estimate of 230 million pounds.

Denison Mines Corp. is an intermediate uranium producer with production in the U.S., combined with a diversified development portfolio of projects in the U.S., Canada, Zambia and Mongolia. The Company recorded a net loss of $13,749,000 or $0.04 per share for the three months ended June 30, 2011 compared with net income of $16,744,000 or $0.05 per share for the same period in 2010.

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