Trekor Announces 41 Million Pounds of Copper Production from Gibraltar and Florence Copper in the Third Quarter
Trekor reported Q3 copper production of 41 million pounds across its 100%-owned Gibraltar mine and Florence Copper facility, with Gibraltar up 12% quarter-over-quarter at 34 million pounds. Florence Copper marked commercial production — the world's first greenfield commercial-scale in-situ copper operation — producing seven million pounds of cathode in the quarter, up 36%. Gibraltar's 2026 production guidance was raised to 115-120 million pounds from 110-115 million pounds. However, the Florence wellfield expansion is roughly three months behind plan, and Florence's 2026 output is now expected at 25-28 million pounds with full ramp-up pushed to early 2027.
Key figures
- Florence 2026 guidance
- 25 to 28 million pounds
- Gibraltar copper sales
- 31 million pounds
- Gibraltar 2026 guidance
- 115 to 120 million pounds (raised from 110 to 115 million pounds)
- Florence production growth
- 36%
- Q3 total copper production
- 41 million pounds
- Florence cathode production
- 7 million pounds
- Gibraltar copper production
- 34 million pounds
- Gibraltar molybdenum production
- 380 thousand pounds
- Gibraltar quarterly production growth
- 12%
AI analysis
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