---
title: "Trekor says Q2 2026 earnings gain on record copper prices, strong Gibraltar output"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295028424.md"
description: "Trekor reported Q2 2026 Adjusted EBITDA of CAD 125.09 million, driven by record copper prices and strong Gibraltar output. Revenue reached CAD 330.55 million, while C1 costs fell to USD 2.41/lb due to higher volumes. The Florence mine produced 5 million lbs of cathode in its first full quarter. However, net income was CAD 22.22 million, impacted by a CAD 24.2 million loss on copper collars."
datetime: "2026-08-05T23:14:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295028424.md)
  - [en](https://longbridge.com/en/news/295028424.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295028424.md)
generator: "portal-rs"
---

# Trekor says Q2 2026 earnings gain on record copper prices, strong Gibraltar output

-   In Q2 2026, Trekor posted Adjusted EBITDA of CAD 125.09 million as record copper prices lifted revenue to CAD 330.55 million. \* Results reflected strong Gibraltar output, supported by steady grades and recoveries, with molybdenum by-product credits offsetting cost inflation. \* Higher diesel, explosives, maintenance spending weighed on costs, though C1 fell to USD 2.41 per lb on higher production volumes. \* Florence delivered 5 million lbs of cathode in its first full operating quarter, driven by higher solution flows following new well additions. \* Net income was CAD 22.22 million, pressured by a CAD 24.2 million realized loss on copper collars that capped pricing at USD 5.40 per lb. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trekor Metals Limited published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**