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Mining Companies Print Record Profits As Gold Hits $4,000 Milestone

Newswire.ca - Fri Oct 10, 2025

Equity InsiderNews Commentary

Issued on behalf of RUA GOLD Inc.

VANCOUVER, BC, Oct. 10, 2025 /CNW/ -- Equity InsiderNews Commentary – While gold's breach of $4,000 per ounce grabbed headlines this week[1], the real story is unfolding in mining company balance sheets. Production costs have barely budged even as gold surged over 50% in 2025, creating what industry insiders call "windfall margins" where nearly every price increase drops straight to the bottom line[2]. Federal Reserve rate cuts and relentless central bank buying have removed the ceiling on gold's upside[3], putting companies like RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF), Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF), Thesis Gold Inc. (TSXV: TAU) (OTCQX: THSGF), Gold X2 Mining Inc. (TSXV: AUXX) (OTCQB: GSHRF), and Kesselrun Resources Ltd. (TSXV: KES) (OTCQB: KSSRF).

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