Trekor Metals Logs Record Q2 Earnings on Strong Copper Prices

Trekor Metals Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) reported second quarter 2026 Adjusted EBITDA of $125 million. The company's earnings from mining operations before depletion and amortization and non-recurring items were $154 million, while revenues reached $331 million.

Gibraltar produced 30 million pounds of copper in the second quarter, with copper cathode production temporarily reduced due to planned SX/EW plant downtime for integration of a second leach pad. Molybdenum revenue remains an important by-product to offset inflation at Gibraltar's cost structure from higher diesel prices.

Florence Copper produced 5.2 million pounds of copper in the first full quarter of plant operations, with solution flows averaging 3,200 gallons per minute and pregnant leach solution grades averaging 1.6 grams per litre. Wellfield expansion remains a key focus for the site operating team to increase production from existing wells.