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Mining Companies Print Record Profits As Gold Hits $4,000 Milestone
Mining Companies Print Record Profits As Gold Hits $4,000 Milestone Canada NewsWire ...
About this update from Rua Gold Inc
[{"type":"text","content":"\n\n\n\n Mining Companies Print Record Profits As Gold Hits $4,000 Milestone\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n Equity Insider\n \n\n\n News Commentary\n \n\n\n\n\n Issued on behalf of RUA GOLD Inc.\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Oct. 10, 2025\n \n\n /CNW/ --\n \n\n Equity Insider\n \n\n\n News Commentary\n \n – While gold's breach of\n \n $4,000\n \n per ounce grabbed headlines this week\n \n [1]\n \n , 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\n \n [2]\n \n . Federal Reserve rate cuts and relentless central bank buying have removed the ceiling on gold's upside\n \n [3]\n \n , putting companies like\n \n RUA GOLD Inc.\n \n (TSXV: RUA) (OTCQB: NZAUF),\n \n Scorpio Gold Corporation\n \n (TSXV: SGN) (OTCQB: SRCRF),\n \n Thesis Gold Inc.\n \n (TSXV: TAU) (OTCQX: THSGF),\n \n Gold X2 Mining Inc.\n \n (TSXV: AUXX) (OTCQB: GSHRF), and\n \n Kesselrun Resources Ltd.\n \n (TSXV: KES) (OTCQB: KSSRF).\n \n\n\n\n\n\n\n\n\n With central banks snapping up 900 tonnes annually and Wall Street forecasting\n \n $4,900\n \n gold by late 2026\n \n [4]\n \n , the structural drivers supporting this rally show no signs of reversing. The math is simple: stable all-in sustaining costs plus soaring gold prices equals profit margins expanding at nearly twice the rate of gold's price appreciation, creating a rare window where established producers and early-stage developers alike can generate exceptional returns for shareholders positioned ahead of the next leg higher.\n \n\n\n RUA GOLD Inc.\n \n (TSXV: RUA) (OTCQB: NZAUF) recently delivered\n \n exceptional high-grade results\n \n back in September from its expanding Auld Creek project, including standout intercepts of\n \n 17m\n \n at 9.8g/t AuEq and\n \n 8m\n \n at 8.9g/t AuEq. These latest results demonstrate significant strike extension of the current resour...