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Trekor Metals Limited

TSX:TKOLive AI agent

Trekor Metals Limited, headquartered in Vancouver, British Columbia, is a leading North American copper producer with a strong development pipeline of mineral projects in Canada and the United States.

Investor website: https://www.tasekomines.com/

About

Trekor Metals Limited, headquartered in Vancouver, British Columbia, is a leading North American copper producer with a strong development pipeline of mineral projects in Canada and the United States. With a two-decade track record, Trekor is known for recognizing opportunities in mining, such as acquiring the Gibraltar Mine for a dollar and transforming Arizona’s Florence Copper into the world’s first greenfield in-situ copper recovery operation. The company emphasizes delivering value for shareholders, employees, and communities.

Verified company data

Cash position
C$122M
Fully diluted shares
Not available
Mineral resource
Trekor’s 100%-owned Aley Project in northeast British Columbia is one of the largest undeveloped niobium deposits in the world. The project provides a long-term, critical minerals opportunity for Trekor, its shareholders, and the people of northern BC. Niobium is a critical mineral used in the manufacture of high-strength low-alloy steels with a broad range of industrial, technological, and medical applications, as well as in superalloys for jet engines, land-based turbines, and other aerospace, military, and energy applications. Niobium may also play a significant role in the evolution of fast-charging, high-power batteries for electric cars and trucks, heavy equipment, rail operations, and energy storage. Aley has a mine life of 24 years and a production capacity of 9 million kilograms of niobium annually – about 8% of 2022 global output. This would make Trekor the second-largest niobium producer in the world, and solidify Canada as a leading international producer of this critical mineral.
Projects
["Gibraltar Mine\nCariboo-Chilcotin, BC\n\nTrekor acquired the Gibraltar Mine for just one dollar in 1999, while on care and maintenance.\nFollowing $800 million in modernization and expansion projects, Gibraltar is now the second largest copper mine in Canada, and has operated continuously under Trekor’s ownership for more than 20 years.\nA long-life asset, Gibraltar is expected to support copper and molybdenum production until at least 2044.\n\nTrekor owns and operates the Gibraltar copper-molybdenum mine, located in south-central British Columbia. It is the second largest copper mine in Canada and the largest employer in the Cariboo region.\n\nGibraltar is a state-of-the-art, award-winning facility with a processing capacity of 85,000 tons-per-day (tpd) and life of mine average annual copper production of 130 million pounds. Following a series of investments by Trekor to expand and modernize the mine, it has operated responsibly and profitably across multiple market cycles for the past two decades.\n\nGibraltar has contributed to economic and social stability in the Cariboo-Chilcotin region of BC since 1972.\n\nSustainability Initiatives\nGibraltar is an industry leader in health & safety, environmental performance, and community and Indigenous relations, earning the following award recognitions.\n\nTrack Record of Success\n- Six-time John Ash Safety Award winner; recognized annually by the BC Ministry of Energy, Mines & Low Carbon Innovation to a BC mining operation with more than one million hours worked and the lowest injury frequency rate\n- Jake McDonald Annual Award for Metal Mine Reclamation winner; awarded by the British Columbia Technical & Research Committee on Reclamation, in recognition of Gibraltar’s outstanding achievement in mine reclamation and indigenous collaboration\n- Best First Aid for Surface Team at the 2023 British Columbia Mine Rescue Provincial Competition\n\nIn 2025, Trekor released an economic impact study, examining Gibraltar's significant contribution to the economies of the Cariboo Region, BC and Canada since Trekor restarted operations in late 2004. In addition, the Study forecasts Gibraltar's economic impacts through its remaining reserve life to 2044.\n\nFlorence Copper\nFlorence, AZ\n\nTrekor acquired an Arizona property with potential to host the world’s first greenfield in-situ copper recovery (ISCR) project in 2014.\nFollowing years of test work, permitting and construction, Florence Copper commenced production in February 2026 making it the first new major US copper producer in more than a decade.\nFlorence Copper will contribute 20+ years of low-cost copper cathode for American manufacturing, while strengthening US supply chain security.\n\nFlorence Copper is an in-situ copper recovery (ISCR) operation that produces LME Grade A copper metal on-site. At its’ production capacity of 85 million pounds of copper cathode per year, operating costs at Florence Copper are projected to be in the lowest quartile among global copper producers. Located south of Phoenix in the community of Florence, Arizona, the operation will be a significant employer in the region and the state, supporting approximately 200 direct jobs at the site and 800 jobs in the state of Arizona.\n\nConstruction of Florence Copper’s commercial production facility began in January 2024, and the first copper cathodes were harvested in February 2026. Florence Copper has a production capacity of 85 million pounds of LME Grade A copper metal per year and a mine life of 22 years. Florence Copper is Trekor’s second operating asset.\n\nYellowhead Project\nThompson-Nicola, BC\n\nTrekor acquired Yellowhead in an all-share transaction in 2019, and formally commenced the Environmental Assessment (“EA”) process in 2025.\nIndigenous partnerships and engineering enhancements will be key to Yellowhead’s timely advancement.\nYellowhead is perfectly aligned to Trekor’s strengths as a mine operator, with a 25-year mine life and project characteristics similar to the Gibraltar Mine.\n\nThe Yellowhead Project has the potential to become one of the largest copper mines in North America. Located in the Thompson‐Nicola region of British Columbia, the Yellowhead Copper Project is approximately 150 km northeast of Kamloops BC.\nIt is a proposed open pit copper mine designed with a production capacity of 90,000 tonnes of ore per day over a 25-year mine life.\nYellowhead would create approximately 525 direct jobs during mine operations and is well supported by existing, high-quality transportation infrastructure and a skilled and capable local workforce."]
Leadership
Stuart McDonald, CPA President & CEO, Director Mining executive with 25 years of experience in mining, financial, corporate development and management roles. He joined Trekor as CFO in 2013 and was appointed President & CEO in 2021. Previously CFO of Quadra FNX Mining, and CFO of Yukon Zinc. Richard Tremblay, P.Eng Chief Operating Officer Professional engineer and experienced senior level executive with over 30 years in the mining industry. Strong operations background in Open Pit Mining as well as mineral Processing. Joined Trekor as General Manager, Gibraltar Mine in 2014. Previously held senior operational roles with Teck over 20 years. Bryce Hamming, CFA, CPA Chief Financial Officer Joined in 2018, with over 20 years experience in corporate finance, corporate development, treasury, tax and financial reporting oversight. Most recently a financial adviser to Seaspan Corp., with prior roles as CFO of Northcliff Resources, and Ernst & Young LLP’s mining transaction advisory group. Rob Rotzinger, P.Eng Vice President, Capital Projects Professional Engineer who has been employed with Trekor and predecessor companies for the past 18 years. A key participant in the $800 million capital investment program at Gibraltar Mine, including GDP3, a $325 million project. Responsible for execution of the Florence capital project.

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