Long-Term Demand for Uranium to Be Driven by Emerging Nation -- Miners Could Receive Boost From End of Russia's Disarmament Treaty

Five Star Equities Provides Stock Research on Cameco and Denison Mines

NEW YORK, NY -- (Marketwire) -- 03/13/13 -- The Uranium Industry has continues to face an uphill climb since the Fukushima disaster shut down all but 2 of the 50 reactors in Japan. Prices for the commodity have fallen roughly 70 percent since its peak in 2007, while a majority of minerals have experienced price increases. Five Star Equities examines the outlook for companies in the Uranium Industry and provides equity research on Cameco Corporation (NYSE: CCJ) (TSX: CCO) and Denison Mines Corp. (NYSE: DNN) (TSX: DML).


Access to the full company reports can be found at:

www.FiveStarEquities.com/CCJ

www.FiveStarEquities.com/DNN


Across the globe they are approximately 500 nuclear reactors that are either planned or under construction, which is more than double the number of reactors currently in use. Uranium miners could soon receive a boost from the end of Russia's 1993 disarmament treaty that requires them to unload uranium from discarded nuclear weapons. Russia is responsible for as much as 24 million pounds of uranium exports a year, according to the terms of the treaty. The treaty is set to expire at the end of 2013.


"The long-term fundamentals are there based on demand increasing from China and emerging nations, along with extensions for reactors in the U.S., and dwindling cheap uranium," says Philip Johnson, a director at Ux Consulting Co.

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Cameco holds premier land positions in the world's most promising areas for new uranium discoveries in Canada and Australia as part of an intensive global exploration program. Cameco is also a leading provider of processing services required to produce fuel for nuclear power plants, and generates 1,000 MW of clean electricity through a partnership in North America's largest nuclear generating station located in Ontario, Canada.

Including the world class Phoenix deposits, located on its 60% owned Wheeler River project, Denison's exploration project portfolio includes 32 projects and totals over 530,000 hectares in the Eastern Athabasca Basin region of Saskatchewan. The company's net loss from continuing operations shrunk to $4.6 million for the fourth quarter of 2012, compared to a loss of $16.04 million a year ago.

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