StockWatch
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Precious Metals
Quarterly UpdatesJul 14, 2026, 08:32 AM

Trekor Q2 Copper Production: Gibraltar 30.3M lbs, Florence 5.2M lbs

AI Summary

Trekor Metals reported its second-quarter production results, with the Gibraltar mine producing 30.3 million pounds of copper and 559 thousand pounds of molybdenum. The Florence Copper facility, currently in ramp-up, produced 5.2 million pounds of copper cathode, meeting management expectations. The company confirmed that its annual copper production guidance for both Gibraltar (110-115 million pounds) and Florence Copper (30-35 million pounds) remains unchanged, despite ongoing impacts from higher diesel and explosive costs at Gibraltar.

Key Highlights

  • Gibraltar mine produced 30.3 million pounds of copper in Q2.
  • Gibraltar mine produced 559 thousand pounds of molybdenum in Q2.
  • Florence Copper facility produced 5.2 million pounds of copper cathode in Q2.
  • Gibraltar copper sales totaled 32.2 million pounds in Q2.
  • Florence Copper sales totaled 5.3 million pounds in Q2.
  • Annual copper production guidance for Gibraltar (110-115M lbs) remains unchanged.
  • Annual copper production guidance for Florence Copper (30-35M lbs) remains unchanged.
  • Florence Copper had 110 production wells operating at quarter-end, with 26 more planned for August.