Recent Updates — TGB

Trekor Metals Limited announced third-quarter total copper production of 41 million pounds from its Gibraltar mine and Florence Copper facility. Gibraltar produced 34 million pounds of copper and 380 thousand pounds of molybdenum, driven by higher grades and improved plant performance. Florence Copper ramped up to seven million pounds of cathode production, a 36% increase over the prior period. The company raised its full-year 2026 copper production guidance for Gibraltar to 115-120 million pounds from 110-115 million pounds and expects total 2026 production between 25 and 28 million pounds. Trekor operates copper mines in British Columbia and Arizona.

Trekor Metals Limited provided an operational update on its wholly-owned Aley niobium project in northeastern British Columbia, highlighting improved recoveries and reduced reagent consumption from a proprietary flotation process. The company appointed Steve Sparkowich as Director, Aley Niobium, to lead technical development and commercial strategy for the advanced-stage asset. Based on a 2014 NI 43-101 report, the project holds 84 million tonnes of proven and probable reserves grading 0.50% Nb2O5, with potential annual production capacity of 14,000 tonnes of ferroniobium over a 24-year mine life. Trekor Metals Limited operates in the mining industry, focusing on copper and niobium exploration and development.

Trekor Metals Limited filed its unaudited interim financial statements and management discussion and analysis for the three and six months ended June 30, 2026. The company reported revenues of $567.6 million CAD for the first half of 2026, a significant increase from $255.2 million in the prior year period, driven by higher copper prices and increased production volumes at its Gibraltar mine and the new Florence Copper operation. Net income was $39.1 million ($0.11 per share) for the six-month period, compared to a net loss of $6.7 million in 2025. Adjusted EBITDA reached $218.6 million for the first half of 2026. The company also announced that its legal name changed from Taseko Mines Limited to Trekor Metals Limited on June 25, 2026. Trekor Metals Limited is a copper-focused mining company engaged in the production and sale of copper metal and concentrates.

Trekor Metals Limited reported second quarter 2026 Adjusted EBITDA of $125 million, with revenues reaching $331 million from consolidated sales of 37.5 million pounds of copper and 575 thousand pounds of molybdenum. Net income was $22 million ($0.06 per share), while operating cash flow totaled $183 million. Consolidated production reached 36 million pounds, an 80% increase year-over-year, driven by Gibraltar's output of 30.3 million pounds and Florence Copper's first full quarter contribution of 5.2 million pounds. The company also advanced the Yellowhead project permitting with a positive Readiness Decision from the BC Environmental Assessment Office. Trekor Metals Limited is a mining company focused on copper production in North America.