Franco-Nevada

Agnew (Vivien) (Au)

Location: Australia, Rest of World
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, with first gold poured in Q1 2016. The 3% gross royalty applies to production after 25,000 ounces have been produced. This threshold was passed in November 2016. Vivien ore is trucked 300 km to Ramelius’ 1.7 Mtpa Checkers mill at Mt Magnet. Ramelius reported 2020 production from Vivien of 30,400 ounces of gold and Franco-Nevada received $1.5 million of royalty revenue from Vivien for the year.