Mine Infrastructure Upgrade
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Kuya Silver Reports Record Concentrate Sales from the Bethania Mine in Q3 2025 and Upgrades Mine Infrastructure for Sustained Growth
Newsfile· 2025-10-17 11:00
Core Viewpoint - Kuya Silver Corporation reported record concentrate sales and completed significant infrastructure upgrades at the Bethania silver project during Q3 2025, positioning the company for sustained growth and increased production efficiency [1][3]. Production and Operational Highlights - The third quarter of 2025 was marked by a temporary production halt due to the malfunction of two air compressors, causing a 4-to-6 week delay in the ramp-up schedule [2]. - Despite the temporary setback, the company installed new equipment, including a state-of-the-art electrical generator, enhancing operational reliability [2]. - Normal operations resumed in late September, with production quickly recovering to pre-shutdown levels, achieving a daily mining rate exceeding previous figures within two weeks [7]. Financial Performance - A record 1,841 tonnes of mineralized material were processed, with 16,983 ounces of silver sold, translating to 21,435 ounces of silver equivalent [3]. - Silver accounted for 79% of the estimated revenue from the Bethania project in Q3, with the remainder from by-products such as lead, zinc, and gold [3]. - The average realized price for silver was $40 per ounce, reflecting a significant increase from previous quarters [5]. Infrastructure and Development - Major infrastructure enhancements were completed, including upgrades to camp accommodations and the installation of backup compressors, which improved operational robustness [2][4]. - The company is focusing on building its workforce and has commenced production from defined stopes, which are expected to yield higher volumes of mineralized material [7]. Management and Strategic Growth - Kuya Silver is strengthening its senior management team to support its growth strategy, with recent appointments including Osbaldo Zamora as VP of Exploration and Gerardo Acuña as Mine Superintendent [10][11]. - The company is also planning additional underground drilling exploration, with the first of seven planned drill bays already completed [9].