Taseko to rebrand as Trekor to reflect growth

Taseko Mines (TSX: TKO; NYSE: TGB) plans to rename itself Trekor Metals as the Canadian copper producer expands its North American asset base and production profile.

Shareholders are being asked to vote on the proposed name change at the company’s annual meeting in Vancouver on June 24. The move comes as Taseko advances the Florence Copper project in Arizona while continuing to grow output from its Gibraltar mine in British Columbia.

“It is the right time for a new name that reflects the company today and where it is headed,” President and CEO Stuart McDonald said. “Over the last two decades, Taseko has been on a journey . . . We’ve seized opportunities that others have overlooked and built value for shareholders and the communities where we operate.”

The rebrand highlights the company’s transition towards a broader North American copper platform anchored by Gibraltar and the New Prosperity copper-gold project near Williams Lake, 325 km north of Vancouver, as well as Florence Copper. In 2024, Taseko became the sole owner of Gibraltar, the country’s second-largest open-pit copper operation. 

Florence 

Florence Copper, near a namesake town between Phoenix and Tucson, is expected to produce an average of 85 million lb. of copper annually over a projected 22-year mine life. Operating costs are forecast at $1.11 per pound. The solvent extraction and electrowinning plant began operations in February, with first copper cathodes produced in early March. The mine yielded 1.5 million lb. of copper cathode in the first quarter, while five drill rigs continue operating on site ahead of expected production increases later in the second quarter.

Gibraltar produced 30 million lb. of copper and 717,000 lb. of molybdenum in the first quarter of 2026 at a total cost of $2.63 per lb. of copper produced. The mine maintained strong production momentum from the second half of 2025, while copper grades of 0.25% matched the life-of-mine average.

The proposed rebrand reflects a broader trend among North American miners seeking to reposition themselves around copper exposure as demand expectations rise from electrification, energy infrastructure and artificial intelligence-driven power growth.

Companies with producing assets and advanced development projects are increasingly emphasizing scale and long-term copper leverage to attract investors.