Gold miner Ramelius Resources has updated its ore reserves at both its Vivien and Mt Magnet operations, in Western Australia, resulting in revised life-of-mine plans for both operations.
An updated mineral resource of 854 000 t, at 7.2 g/t gold for 198 000 oz, and a new ore reserve of 525 000 t, at 7.3 g/t gold for 123 000 oz, has resulted in the addition of at least one-year mine life to the Vivien operation, which Ramelius said would extend to at least 2019.
