Key facts
| Company | Kuya Silver Corp (CSE: KUYA) |
|---|---|
| Commodity | Silver |
| Location | Peru |
| Stage | Production |
About Bethania Silver Project
The Bethania Silver project is located in Central Peru, in the northwestern part of Huancavelica Department, approximately 316 km by road from Lima. The project encompasses ~4500 Ha and includes both the Bethania Mine and Carmelitas property, the area is accessible year-round via a 4 hour drive from the city of Huancayo. The focus of the project is the Bethania Silver Mine which was in production until 2016, toll milling its ore at various concentrate plants in the region.
Mineral resource estimates
2 reported estimates, newest first. Categories are as disclosed by Kuya Silver Corp; inferred material carries the lowest confidence and cannot support a reserve.
| Category | Tonnes | Au g/t | Au oz | Ag g/t | Ag oz | Cu % | Effective |
|---|---|---|---|---|---|---|---|
| IndicatedNI 43-101 | 404 kt | 0.26 g/t | — | 332.0 g/t | 4.31 Moz | 0.16 % | Dec 10, 2021 |
| InferredNI 43-101 | 700 kt | 0.24 g/t | — | 249.0 g/t | 5.60 Moz | 0.12 % | Dec 10, 2021 |
How the categories differ: Inferred vs Indicated vs Measured. Compare reports over time with the Resource Growth Tracker.
Economic studies
Preliminary economic assessment
Sep 26, 2023- NPV (5%)
- US$54.7M
- IRR
- 188%
- Payback
- 0.5 years
- Initial capex
- US$17.8M
- AISC
- US$12/oz
- Mine life
- 7 years
- Gold price assumed
- US$1,850/oz
Figures as extracted from each study, in US dollars as the studies report them. Open the report before relying on one.
News releases17 on file
Kuya Silver Announces Grant of Equity IncentivesToronto, Ontario--(Newsfile Corp. - August 30,...
A total of 340,000 stock options have been granted to independent directors as part of their annual equity incentive, at an exercise price of $0.38. The options are subject to vesting provisions, and any common shares issued upon exercise are subject to a hold period expiring December 31, 2024. Kuya Silver operates the Bethania silver mine in Peru and is developing silver projects in Peru and Cana
CorporateKuya Silver Reports Second Quarter 2025 Results; Continued Progress at Bethania Silver Project with ...Toronto, Ontario--(Newsfile Corp. - August 22,...
Second quarter 2025 results show 1,224 tonnes of mineralized material mined at the Bethania Silver Project in Peru, an 87% increase over Q1, at average grades of 10.73 oz/t silver and 14.89 oz/t silver equivalent, with about 263 metres of underground development and ten active working faces. Net revenue was $0.70 million versus nil a year earlier, and the net loss narrowed to $282,559. Kuya raised
CorporateKuya Silver Reports Q2, 2026 Financial Results - Advances Bethania Mine Development and Drilling Pro...Kuya Silver to hold a conference call webinar on...
Revenue for the six months ended June 30, 2026 rose to $2.7 million from $1.3 million a year earlier, with quarterly revenue of $1.25 million, while the net loss widened to $2.8 million from $1.35 million; cash stood at $25.5 million. Exploration and evaluation spending was $1.0 million versus $1.3 million, and is expected to rise in H2 2026 as Bethania in Peru builds a new ramp for its Phase 1 ra
CorporateKuya Silver Achieves Record Q2 Production at Bethania Mine, Increasing Quarterly Tonnage by 66% and ...All references to dollar amounts are references...
Q2 2026 production at the Bethania silver mine in Peru totalled 5,097 metric tonnes of mineralized material, up 66% quarter over quarter, yielding 23,912 oz silver (30,559 silver equivalent) processed, with a record June of 13,273 silver equivalent ounces and 437 metres of underground development. Silver recoveries averaged 79.7% at an average grade of 5.9 oz/t silver, with silver at an average se
CorporateKuya Silver Reports Strong Q2 Production Growth with 87% Increase in Mineralized Material MinedKuya Silver to Host Live Webinar July 17th...
Q2 2025 mined mineralized material at the Bethania silver mine in Peru rose 87% to 1,224.4 tonnes, with development metres up 63% to 262.9 m and average head grades increasing to 10.73 oz/t silver and 3.64% lead. No material was processed in Q2 due to toll mill availability, so ore was stockpiled; processing resumed in early July. Total Q2 revenue was USD $1,150 thousand, including 1,761 wet tonne
CorporateKuya Silver Announces First Production from Bethania Silver ProjectToronto, Ontario--(Newsfile Corp. - May 21,...
Production has commenced at the Bethania silver mine in Peru, with mineralized material being recovered from the Española vein system at the 640 level and hauled to surface via the pre-existing decline and a surface winch. Reconditioning will continue at the 640 and 670 levels, and production access for the 12 de Mayo and Victoria vein systems is to be developed. Output is expected to ramp up prog
CorporateKuya Silver Appoints Former Las Bambas General Manager Edgardo Orderique to Lead Peru Operations and...Toronto, Ontario--(Newsfile Corp. - April 24,...
Edgardo Orderique, former General Manager of MMG's Las Bambas mine, has been appointed General Manager, Peru, with Jesus Palomino as Operations Manager and German Minaya as Finance & Administration Manager, as Kuya Silver ramps up its Bethania silver mine toward a Phase 1 target of about 350 tpd by end-2026 from current sustained output of about 100 tpd. Q4 2025 revenue was $307,331 with a net los
ManagementKuya Silver Reports Growing Silver Production at the Bethania Project in Q1 2026Exits Q1 with 100 Metric Tonnes Per Day...
Q1 2026 production at the Bethania silver mine in Peru totalled 3,076 metric tonnes of mineralized material, with a 100 tpd throughput rate reached in late March and sustained into April, 398 m of underground development, grades of 7.53 oz/t and silver recoveries of 79.2%, up from 73.3% in Q4 2025. Silver accounted for 91% of Bethania revenue at an average price of $82/oz, and the cash position wa
CorporateKuya Silver Expands Fully-Funded 2026 Drill Program at the Bethania Project to a Record 20,000 Metre...Toronto, Ontario--(Newsfile Corp. - March 17,...
The 2026 drill program at the Bethania Silver Project in central Peru has been expanded to approximately 20,000 metres, split between roughly 10,000 metres of surface drilling on regional targets and 10,000 metres of underground drilling, up from 5,000 metres previously announced. Surface targets include Tito PH, Millococha Oeste and Carmelitas, where grab samples averaged 285.7, 690.4 and 145.2 g
Drill resultsKuya Silver Announces Letter of Intent to Acquire Camila Plant, Marking Critical Step in Vertical In...Kuya Silver advances the process to buy the same...
A non-binding letter of intent has been signed to acquire 100% of SMRL Camila, owner of the permitted Planta de Procesos Camila flotation plant in Junín, Peru, for $7.8 million, subject to confirmatory legal, financial, environmental and technical due diligence. The plant currently toll-mills Kuya's Bethania material at 150 tpd and sits 164 km from the Bethania Silver Project and 48 km from Huanca
AcquisitionKuya Silver Reports Record Q4 Production at Bethania; Secures CAD$25.5 Million Financing to Develop ...Kuya Silver to Host Live Webinar Thursday,...
Record quarterly production of 1,999 tonnes of mineralized material was mined at the Bethania silver project in Peru in Q4, alongside 172 meters of underground development and 2,318 tonnes of development material moved; silver accounted for 88% of Q4 revenue and 92% for the year. Quarter-end stockpile inventory was about 1,254 tonnes grading 8.15 oz/t silver, now being processed in January. A CAD$
CorporateKuya Silver Commences Underground Development at the Bethania Silver Mine in Preparation for 2024 Pr...Toronto, Ontario--(Newsfile Corp. - January 8,...
Underground development and reconditioning has begun at the past-producing Bethania silver mine in Peru, with the sequence following the plan in the Preliminary Economic Assessment dated October 20, 2023, ahead of planned first production later in 2024. Subsidiary Minera Toro de Plata filed a 2024 mining plan, which includes underground exploration drilling in the Santa Elena concession; the mine
CorporateKuya Silver Reports Record Concentrate Sales from the Bethania Mine in Q3 2025 and Upgrades Mine Inf...Kuya Silver to Host Live Webinar Monday, October 20th...
Third-quarter results at the Bethania silver mine in Peru included a record 1,841 tonnes processed and record silver sales of 16,983 oz (21,435 oz silver equivalent), with silver recovery reaching 91.6% and silver accounting for 79% of estimated quarterly revenue. Mining was paused for several weeks after two air compressors malfunctioned, delaying the ramp-up schedule by 4 to 6 weeks; a new compr
CorporateKuya Silver to Accelerate Bethania Silver Mine Throughput with Modernization Program and Geological ...Toronto, Ontario--(Newsfile Corp. - September 3,...
A combined investment of approximately USD $3 million over the next six to nine months will fund a modernization program and underground geological campaign at the Bethania silver mine in Peru. The modernization adds 3.5 m by 3.5 m internal underground development to replace the rail-and-cart system with trackless haulage, supporting the 350 tpd milestone, with completion potentially more than a y
CorporateKuya Silver Announces LOI for US$5 Million Royalty Partnership with Silver Crown Royalties Inc.Transaction to Strengthen Kuya Silver's Balance...
A letter of intent has been signed with Silver Crown Royalties to raise US$5,000,000 through the sale of a royalty on payable silver from the Bethania Silver Project in Huancavelica, Central Peru. Payment comprises US$3,000,000 in cash and US$2,000,000 in Silver Crown units priced at C$6.50 per unit, each with half a warrant exercisable at C$13.00 for three years. Silver Crown receives a 4.5% silv
FinancingKuya Silver Reports Operational Update from Bethania Mine as Production Ramp-Up ProgressesQ1 2025 Update Highlights Steady Production...
Q1 2025 production at the Bethania silver mine in Peru totalled 654.8 tonnes of mineralized material mined and 871.8 tonnes processed, at average head grades of 9.05 oz/t silver, 2.60% lead and 2.23% zinc, generating total revenue of US$228,630 from 6,759.83 oz of silver sold. Daily throughput doubled over the final 10 days of April, and the first 342 tonnes processed in April showed an estimated
CorporateKuya Silver Announces Increase to Non-Brokered Private PlacementToronto, Ontario--(Newsfile Corp. - March 27,...
The non-brokered private placement announced March 7, 2025 has been increased to up to 11,600,000 common shares at CAD$0.25 per share for gross proceeds of up to CAD$2,900,000. Net proceeds are intended for general working capital. Securities issued under the offering will be subject to a hold period expiring 4 months and 1 day after issuance. Kuya Silver operates the Bethania silver mine in Peru.
Financing