GOLD
Gold miner Ramelius Resources has updated the ore reserves at 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 to the Vivien mine's life, which Ramelius said would extend to at least 2019.
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