Operator: Ramelius Resources Limited
Royalty: GR: 3.0%
The Vivien gold mine is located in the Agnew-Leinster region of Western Australia. Franco-Nevada’s royalty interest covers 1.5 km2. Vivien was operated as a small open pit during 1997 and 1998. Ramelius Resources Limited (“Ramelius”) acquired the project in 2013 and commenced redevelopment of Vivien as an underground gold mine in Q2 2015. First gold pour was in Q1 2016. Vivien ore is trucked 300 km to Ramelius’ 1.7 Mt per annum Checkers mill at Mt Magnet. Ramelius reported 2016 production from Vivien of 31,710 ounces of gold. The 3% royalty applies to production once 25,000 was produced which was reached in November 2016.