TSX:FNV 87.46 -0.02 -0.02%
Volume 202,231
August 21, 2018
NYSE:FNV 67.19 +0.13 +0.19%
Volume 186,019
August 21, 2018
Gold 1,194.32 +1.69 +0.14%
Volume
August 21, 2018
Contact Share

Location: Australia
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 2017 production from Vivien of 48,711 ounces of gold. The 3% royalty applies to production once 25,000 ounces was produced which was reached in November 2016.