The fourth quarter of 2025 was excellent for gold mine operators

This is the conclusion of an analysis covering 38 consecutive quarters. The gold mining operators‘ recently completed fourth quarter of 2025 will soon prove to be their most successful quarter to date! After each quarter, the quarterly figures of the 25 largest companies (in the GDX and GDXJ gold ETFs) were examined. The GDXJ includes small, medium-sized, and junior companies. Record figures are expected due to high gold prices. Mining costs have remained fairly stable, as have production volumes.

The results for the fourth quarter of 2025 will be available between mid-February and mid-March. In the fourth quarter of 2025, the average gold price was US$4,150 per troy ounce, around 56 percent higher than in the same quarter of the previous year. No wonder gold mining companies‘ profits are rising. After all, the gold price trend significantly exceeds average mining costs. This increases net profits. According to the study, year-on-year profit growth averages 71.4 percent. This does not yet include the substantial profits from the fourth quarter, which have yet to be published.

This is filling the coffers of gold companies and may lead to takeovers. The sector of gold companies with good projects will therefore remain hot in 2026. If the gold price weakens, gold stocks will become attractive buying opportunities. This is because if the gold price falls, gold stocks would follow suit. Well-positioned gold companies are always an asset to any portfolio.

Fortuna Mining – https://www.commodity-tv.com/ondemand/companies/profil/fortuna-mining-inc/ – is a successful gold and silver producer with mines in West Africa and Latin America. In the third quarter of 2025, more than 72,000 ounces of gold were produced. The mine in Senegal is scoring highly with very good drilling results, and a construction decision is expected in the second quarter of 2026.

Sierra Madre Gold and Silver – https://www.commodity-tv.com/ondemand/companies/profil/sierra-madre-gold-silver-ltd/ – successfully started production at its Guitarra project (gold and silver) in Mexico at the beginning of the year. The focus is now on increasing production and minimizing costs. The company recently made a second silver mine acquisition in Mexico, which includes three fully approved underground mines and a flotation plant.

Current company information and press releases from Sierra Madre Gold and Silver (- https://www.resource-capital.ch/en/companies/sierra-madre-gold-and-silver-ltd/ -) and Fortuna Mining (- https://www.resource-capital.ch/en/companies/fortuna-mining-corp/  -).

Further information is also available in our new precious metals report at the following link: https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-11-update/.

Sources:

https://www.zealllc.com/2026/gdmnrgtq.htm;

https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-11-update/

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