Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Canada-based miner Element 29 Resources (E29) plans to start exploration and drilling at its wholly-owned Elida copper project in Peru. The company is targeting 200-500mn mt of ore with copper and molybdenum deposits across varied grades.


E29 will continue its Phase 1 drilling program till the end of 2021. It hasn’t disclosed production capacity or schedules. The company has another copper mine Flore de Cobre also in Peru, which is in the testing phase. 

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