Trekor lifts Gibraltar 2026 copper output outlook to 115 million-120 million pounds
TGB•Trekor raised its 2026 Gibraltar copper output outlook to 115 million-120 million pounds from 110 million-115 million after producing 34 million pounds in Q3. Florence Copper expects 25 million-28 million pounds in 2026 and targets full capacity in early 2027.
1. Higher Gibraltar guidance
Trekor raised its 2026 Gibraltar copper output outlook to 115 million-120 million pounds from 110 million-115 million, following Q3 production of 34 million pounds supported by higher grades and increased mill throughput. Florence Copper produced 7 million pounds of copper cathode in Q3, up 36% from the prior period despite a three-month delay to wellfield expansion; it expects 25 million-28 million pounds in 2026 and targets full ramp-up to capacity in early 2027.
