Kopernik Global Investors, LLC has filed an updated Schedule 13G/A, revealing its ownership stake in Western Copper & Gold Corp. The investment adviser now holds 7.95% of the company’s outstanding common shares, amounting to 17,986,643 shares. This update is significant as it highlights the firm’s growing interest in the metal mining sector.

Background

Kopernik Global Investors, LLC is a Delaware-based investment adviser. The firm has been active in filing various reports with the SEC, including multiple Schedule 13G/A forms, indicating its ongoing investments and interests. The latest filing was made on November 13, 2026, under accession number 0000930413-26-003331.

What the Filing Says

According to the filing, Kopernik Global Investors beneficially owns 17,986,643 common shares of Western Copper & Gold Corp, representing 7.95% of the total shares outstanding. The filing notes, “The filing of this statement shall not be construed as an admission that either of the Reporting Persons is the beneficial owner of any of the securities covered by this Schedule 13G for any other purpose.”

Impact

This move may affect investor sentiment towards Western Copper & Gold Corp and could influence other investors in the metal mining sector. The filing indicates that the shares are held by investment advisory clients, which may include investment companies registered under the Investment Company Act.

What's Next

The filing does not say what happens next.