Vivien gold project, Australia
Name and Location
Vivien gold project, Australia.
Client
Ramelius Resources.
Project Description
The Vivien deposit is a high-grade, quartz-vein-hosted lode deposit, near Leinster, in Western Australia.
A feasibility study completed on the Vivien project envisages mining a mining inventory of 451 000 t at 7.6 g/t of gold for 109 000 oz over 30 months, after eight months of underground development. Ore from the Vivien mine will be processed at the Checkers processing plant, at Ramelius’s Mt Magnet operation, from 2016.
Net Present Value/Internal Rate of Return
Not stated.
Value
Capital development costs are estimated at A$16.3-million.
Duration
Not stated.
Latest Developments
Ramelius has approved the start of mining at the Vivien gold project, which the company bought from Gold Fields in July last year.
The company has said it will mine the deposit as a three-year underground project. The company plans to start the underground decline on June 1 and expects to intersect first ore in November.
Ramelius has awarded the main underground mining contract for the project to PYBAR Mining Services.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Ramelius Resources, tel +61 8 8271 1999 or fax +61 8 8271 1988.
PYBAR Mining Services, tel +61 2 6361 4499 or fax +61 2 6360 2783.
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