Trekor Metals Ltd
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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Sep 30, 2026 · Filed Nov 5, 2026
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EX-99.1 · 22. Segmented Information
22. Segmented Information
The Company has identified three reportable segments, Gibraltar, Florence Copper, and Yellowhead, based on the primary locations where it generates, expects to generate, or plans to generate revenue. These segments are reviewed regularly by the Chief Executive Officer, who is the Chief Operating Decision Maker ("CODM"), for the purposes of resource allocation and performance assessment. Corporate activities do not meet the definition of a reportable segment and are therefore presented separately as a reconciliation to the consolidated totals. These activities primarily comprise corporate development initiatives and centralized functions that provide administrative, technical, financial, and other support to the operating segments. For operating segments in production, the CODM evaluates performance primarily based on earnings from mining operations. "Other operating expenses" include general and administrative costs, share-based compensation, project evaluation expenditures, changes in the fair value of derivatives and other financial instruments, and other (expense) income not directly attributable to mining operations. "Net finance and other expense" include finance income, finance expense, accretion expense, and foreign exchange gain (loss). Total assets do not include intra-group receivables between segments.
| Three months ended September 30, 2026 | |||||
|---|---|---|---|---|---|
| Gibraltar | FlorenceCopper | Yellowhead | Corporate | Total | |
| Revenue | 282,188 | 60,034 | - | - | 342,222 |
| Cost of Sales | |||||
| Production Costs | (134,757) | (36,829) | - | - | (171,586) |
| Depletion and amortization | (34,836) | (10,041) | - | - | (44,877) |
| Other operating costs | - | - | - | - | - |
| Earnings from mine operations | 112,595 | 13,164 | - | - | 125,759 |
| Changes in derivatives and other fair value instruments | (1,935) | (10,687) | - | (3,653) | (16,275) |
| Other expenses | (488) | (712) | - | (14,615) | (15,815) |
| Income (loss) before financing costs and income taxes | 110,172 | 1,765 | - | (18,268) | 93,669 |
| Net finance and other expenses | (3,756) | (13,432) | - | (15,642) | (32,830) |
| Income (loss) before income taxes | 106,416 | (11,667) | - | (33,910) | 60,839 |
| Nine months ended September 30, 2026 | |||||
|---|---|---|---|---|---|
| Gibraltar | FlorenceCopper | Yellowhead | Corporate | Total | |
| Revenue | 803,484 | 106,384 | - | - | 909,868 |
| Cost of Sales | |||||
| Production Costs | (396,915) | (73,779) | - | - | (470,694) |
| Depletion and amortization | (92,058) | (21,230) | - | - | (113,288) |
| Other operating costs | (952) | - | - | - | (952) |
| Earnings from mine operations | 313,559 | 11,375 | - | - | 324,934 |
| Changes in derivatives and other fair value instruments | (13,742) | (31,107) | - | (7,201) | (52,050) |
| Other expenses | (811) | (39) | - | (38,433) | (39,283) |
| Income (loss) before financing costs and income taxes | 299,006 | (19,771) | - | (45,634) | 233,601 |
| Net finance and other expense | (14,431) | (22,952) | - | (60,767) | (98,150) |
| Income (loss) before income taxes | 284,575 | (42,723) | - | (106,401) | 135,451 |
TREKOR METALS LIMITED(formerly Taseko Mines Limited)Notes to the Condensed Consolidated Interim Financial Statements(Cdn$ in thousands)(Unaudited)
| Three months ended September 30, 2025 | |||||
|---|---|---|---|---|---|
| Gibraltar | FlorenceCopper | Yellowhead | Corporate | Total | |
| Earnings from mine operations | 39,242 | - | - | - | 39,242 |
| Changes in derivatives and other fair value instruments | (4,709) | (6,220) | - | (5,155) | (16,084) |
| Other expenses | (579) | 255 | - | (9,947) | (10,271) |
| Income (loss) before financing costs and income taxes | 33,954 | (5,965) | - | (15,102) | 12,887 |
| Net finance and other expenses | (8,708) | (6,998) | - | (22,101) | (37,807) |
| Income (loss) before income taxes | 25,246 | (12,963) | - | (37,203) | (24,920) |
| Nine months ended September 30, 2025 | |||||
|---|---|---|---|---|---|
| Gibraltar | FlorenceCopper | Yellowhead | Corporate | Total | |
| Earnings from mine operations | 55,106 | - | - | - | 55,106 |
| Changes in derivatives and other fair value instruments | (30,261) | (14,987) | - | (6,980) | (52,228) |
| Other expenses | (1,026) | 1,170 | - | (29,141) | (28,997) |
| Income (loss) before financing costs and income taxes | 23,819 | (13,817) | - | (36,121) | (26,119) |
| Net finance and other expenses | (21,850) | (15,522) | - | (3,540) | (40,912) |
| Income (loss) before income taxes | 1,969 | (29,339) | - | (39,661) | (67,031) |
| As at September 30, 2026 | |||||
|---|---|---|---|---|---|
| Gibraltar | FlorenceCopper | Yellowhead | Corporate | Total | |
| Property, plant and equipment | 1,011,932 | 1,174,840 | 51,115 | 21,300 | 2,259,187 |
| Total assets | 1,422,882 | 1,236,373 | 51,757 | 59,534 | 2,770,546 |
| Total liabilities | 615,085 | 355,886 | 7,962 | 898,687 | 1,877,620 |
| As at December 31, 2025 | |||||
|---|---|---|---|---|---|
| Gibraltar | FlorenceCopper | Yellowhead | Corporate | Total | |
| Property, plant and equipment | 964,366 | 1,027,722 | 33,676 | 19,688 | 2,045,452 |
| Total assets | 1,194,865 | 1,043,439 | 33,944 | 200,239 | 2,472,487 |
| Total liabilities | 641,071 | 276,473 | 1,031 | 775,249 | 1,693,824 |
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