Latest news with #Kalamazoo
West Australian
15 hours ago
- Business
- West Australian
Kalamazoo claws back gold project with prices soaring
Kalamazoo Resources has taken back the reins of its 1.44-million-ounce resource Ashburton gold project in Western Australia, after an option held over it by mega-miner Northern Star Resources expired. Whilst Ashburton hosts potentially more than 770,000 ounces of mineable gold with a solid grade of 2.53 grams per tonne gold, Northern Star has a full book having just paid $5 billion for DeGrey Mining and has bigger fish to fry. Kalamazoo, however, is now looking to immediately turbo charge the project with the gold price continuing to test record highs. The company has kick started a new scoping study using fresh technical data and has undertaken a new $2 million placement to unlock what could potentially become a serious producer in the near term. Kalamazoo says the timing couldn't be sweeter, with Aussie gold now soaring to A$5100 an ounce—up more than A$2,000 since it struck the original $33 million option deal with De Grey just 18 months ago. That option, later handed to Northern Star in its takeover of De Grey, has now lapsed, but not before leaving Kalamazoo holding the keys to a far more valuable prize delivered from the exploration sweat of others. Notably, an earlier 10-hole drill blitz at Ashburton by De Grey's lit up the boards with intercepts such as 47m at 5.5g/t gold from 30m, 55.5m at 4.1g/t from 177.6m and 31.8m at 3.3g/t from 132.2m. Despite the dazzling numbers, Northern Star says it's taking a more measured approach to new developments outside its newly acquired 11-million-ounce Hemi juggernaut, DeGrey's principal asset. In addition to the colossal $5 billion price tag Northern Star is projected to throw another $1.3 billion capex at Hemi to bring it into production and has a pretty full dance card. Ashburton sits 35 kilometres southeast of Paraburdoo in Western Australia's Pilbara region and within the richly endowed Nanjilgardy fault zone, which includes such mines as Black Cat Syndicate's 350,000 ounce Paulson gold mine. Historical mining between 1998 and 2004 in the region produced 350,000 ounces with many, including, Kalamazoo believing that the best is yet to be discovered. The primary gold mineralisation centres around the company's Mt Olympus deposit and has been subject to extensive drilling, metallurgical test work and geological modelling by De Grey during the 18-month option period. As part of that work, recent pit optimisation studies, by combining the Mt Olympus and the West Olympus deposits into a single open pit and using updated gold price assumptions of A$4,500 per ounce, have marked out the 772,000 ounces of mineable gold going 2.53g/t gold. Kalamazoo says the updated resource number represents an impressive 17 per cent jump on the earlier 2023 estimate, which used a A$2600 gold price. Adding fuel to the fire, preliminary metallurgy has confirmed that a straightforward crush – grind - float circuit can produce saleable concentrates with gold recoveries of up to 94 per cent and concentrate grades averaging more than 30g/t gold. With a lot of heavy lifting already done by previous suitors, Kalamazoo has been handed the new data, allowing the company to fast-track its scoping study for completion within the next few months - all at minimal cost. Management has brought in BHM Process Consultants and Entech to help fast-track the study. Seasoned operator Simon Coyle, the former GM of Operations at the uber-successful Pilbara Minerals, has also been tapped to take the reins as project manager. By combining its 2023 resource estimate of 16.2Mt at 2.8g/t gold from Mt Olympus with the fresh high-grade data, Kalamazoo is confident it can carve out a low-cost, high-margin development pathway. The upcoming scoping study could also become the launchpad for a full-scale pre-feasibility study and set the stage for a serious gold play in the Pilbara. Backing its ambitions, the company has locked in the $2 million placement at 9 cents per share, with one free option for every two shares. Notably, directors are chipping in $450,000 of their own cash, reflecting a strong internal conviction. With gold prices at record highs, a simplified processing route, and a major scoping study underway, Kalamazoo looks well placed in the current environment that has seen listed companies in a fever pitch to pick up gold projects with scale and grade. The stars appear to have aligned for Kalamzoo. With Northern Star looking to fry bigger fish and its nose no doubt bleeding from the $5b price tag attached to DeGrey, Ashburton has dropped back on its lap at a time when an army of smaller listed players are out there jostling for projects just like this one. Is your ASX-listed company doing something interesting? Contact:
Yahoo
6 days ago
- Business
- Yahoo
Kalsec® Inc. Enhances and Rebrands Hops Division to KalHops
Rebrand empowers brewers to 'Brew Extraordinary™' with innovative and tailored hops offerings KalHops by Kalsec logo Pattie Aron KALAMAZOO, Mich., July 23, 2025 (GLOBE NEWSWIRE) -- Kalsec® Inc., a global natural ingredient solution provider for the food and beverage industry, today announced the relaunch of its hops division under the brand name KalHops. This strategic rebranding affirms Kalsec's commitment to continued innovation and excellence in the hops sector. With KalHops' robust product portfolio and approachable industry expertise, brewers are empowered to push creative boundaries and craft exceptional alcoholic and non-alcoholic beverages. KalHops' extensive product offerings put the right tools in brewers' hands to achieve their desired beverage flavor and aroma profile. Serving as a trusted brewing partner and supplier, KalHops supports brewers' efforts to innovate and diversify their brands. KalHops works side by side with brewers, helping them to brew more efficiently to improve brewhouse yields, reduce tank residency time, reduce dry hop loads and nimbly diversify wort streams. 'With today's supply chain pressures, brewers are challenged to consistently create exciting high-quality beverages and also meet stringent cost in use targets,' said Dr. Pattie Aron, Global Business Unit Director for KalHops. 'Our technical expertise in hop oil fractionation allows us to produce 100% hop derived solutions that marry well with our core competencies in natural flavors and natural colors applications. We are more than just a hop supplier; our products and applications support allow us to excel at developing beverages and make us a go-to resource and trusted partner for brewers' beverage innovation needs.' Kalsec is recognized as a global leader in hops innovation and has been providing the brewing and beverage industries with advanced hop solutions for more than 40 years. To learn more about KalHops and how it empowers brewers to "Brew Extraordinary™," visit About Kalsec® Inc. provides innovative taste and sensory, natural food protection, natural colors, and advanced hops solutions to the food and beverage industries. We capture the best nature has to offer and utilize over 60 years of experience and industry-leading innovation to make food and beverage products look better, taste better, and last longer. Family-owned and headquartered in Kalamazoo, Michigan, since 1958, Kalsec has regional offices, laboratories, and sales teams in North America, Europe and Asia. As a certified B Corp, Kalsec makes ethical and sustainable decisions that serve our customers, employees, communities, and the environment. We are proud to be using our business as a force for good. For more information, visit Media Contact:Alli Cookeacooke@ Photos accompanying this announcement are available at in to access your portfolio
Yahoo
18-07-2025
- Science
- Yahoo
Kalamazoo Astronomical Society hosts free observing sessions
KALAMAZOO, Mich. (WOOD) — From April through October, visitors to the Kalamazoo Nature Center can join the local Kalamazoo Astronomical Society's public observing sessions and learn more about the night sky. 'We've been at the nature center for probably over 30 years now,' Richard Bell, president of the Kalamazoo Astronomical Society, said. 'Since before I've been in the club.' Everything you need to know about the Perseid meteor shower Families and amateur astronomers join Bell and his fellow society members at KNC's 'Owl Observatory,' a 12-foot by 12-foot building with a retractable roof. 'The observatory itself has a 16-inch telescope that we just put in September of 2019,' Bell said. 'Riding on top is a 4-inch refracting telescope that we use for wider field views.' These telescopes are capable of seeing astronomical objects some million or more light-years away and folks are encouraged to bring along their own telescopes for tips and advice from volunteers. 'There's nothing better than one-on-one interaction out in the field,' Bell said. 'Where you can learn how to set it up, properly align it and actually find stuff in the sky.' On Saturday, the Kalamazoo Astronomical Society will be featuring 'The Summer Triangle,' a special cluster of some of the brightest stars in the sky during this time of year. 'The Summer Triangle is an 'asterism,' kind of like an unofficial group of stars,' Bell said. 'It's visible throughout the summer and well into the fall.' Themes for public observing sessions depend on the season and circumstances of the Earth's rotation. In the fall, astronomers can identify the Andromeda galaxy. In the spring, they can see the Virgo star cluster. Astronomers capture the birth of planets around a baby sun outside our solar system 'I try to step aside and do a constellation tour for everyone,' Bell said. 'Basically, a planetarium show but under the real sky so it's much, much better.' Public observing sessions at the Owl Observatory in Kalamazoo are free to the public. Two more will take place this summer on Aug. 16 and Aug. 30. For more information on stargazing in West Michigan, visit the . Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Solve the daily Crossword
Yahoo
14-07-2025
- Business
- Yahoo
Democrat Sean McCann, a state Senator, announces campaign for Michigan's 4th District
Michigan State Sen. Sean McCann, a Democrat from Kalamazoo, announced July 14 he would seek the party's nomination next year in the state's 4th Congressional District, a seat currently held by longtime Republican Rep. Bill Huizenga, R-Holland Township. McCann has been in the state Senate since 2018, and previously was elected as a state representative from 2011 to 2015. In a release announcing his campaign, he said special interest groups (without specifying which ones) and billionaires currently receive more attention in Washington, where Republicans control both chambers of Congress and the White House, than working class families. 'Families in southwest Michigan know what hard work looks like. But right now, that work isn't paying off like it should, thanks to politicians in Washington who have left us behind to give tax breaks to special interests and billionaires,' McCann said in a statement. 'Our families deserve a representative who works as hard as they do and who focuses on what matters to them, and that's why I'm running for Congress.' His campaign listed protecting Medicaid, reducing costs, not raising the national deficit, boosting small business growth and giving women autonomy over their health care decisions as McCann's other policy priorities. As a lawmaker, McCann chairs the Senate Committee on Energy and Environment in Lansing. He was also the committee's chair in 2023 when it advanced legislation setting one of the most ambitious clean energy standards in the U.S. for Michigan, establishing a goal of using 100% clean energy sources for power generation by 2040. Thanks to Michigan's term limit laws, McCann cannot seek another four-year term in the state Senate. Before being elected to the Legislature, McCann was a Kalamazoo County commissioner and graduated from Western Michigan University, according to his campaign. McCann is not the first Democrat to enter the race for the district — Jessica Schwartz, a Kalamazoo attorney who ran for the seat in 2024 and lost to Huizenga in the general election that year by 12 percentage points, is seeking the Democratic nomination for the seat again. Diop Harris, a Battle Creek Democrat who previously worked in the U.S. Senate, according to his LinkedIn, has also filed to run for the seat. The 4th District, which covers southwest Michigan, includes all of Allegan and Van Buren counties along with portions of Berrien, Calhoun, Kalamazoo, and Ottawa counties. The cities of Holland, Battle Creek, Benton Harbor and Kalamazoo all fall in the 4th District. It's a part of Michigan that has been represented by Republicans in Congress for decades. Huizenga has held the seat since 2022. Before district boundaries were redrawn, much of southwest Michigan was represented by longtime former U.S. Rep. Fred Upton, who was first elected to Congress in 1987. Huizenga has been in Congress since 2011, when he first took office representing Michigan's old 2nd Congressional District, which covered much of west Michigan north of Holland. Cook Political Report, a nonpartisan political analysis website, currently views the 4th District as "likely Republican," meaning the GOP is expected to carry the district again in next year's election. But with Huizenga eying a potential run for U.S. Senate next year, it's not clear Republicans will have the incumbency advantage in the 4th, if Huizenga ends up seeking Michigan's open Senate seat. Democrats are targeting the seat as a potential pickup opportunity, and if Huizenga were to run for Senate the 4th District could be a competitive race. Contact Arpan Lobo: alobo@ This article originally appeared on Detroit Free Press: Democrat Sean McCann announces congressional run in Michigan
Yahoo
12-07-2025
- Business
- Yahoo
Kalamazoo/Battle Creek International Airport secures $14 million dollar grant
KALAMAZOO, Mich. (WOOD) — The Kalamazoo/Battle Creek International Airport said it received an airport improvement grant of more than $14 million dollars from the Federal Aviation Administration. The airport says that the grant will support a handful of projects, such as relocation of the lighting system on the runway site, grading and runway construction. 'Receiving this grant allows for this runway extension, which will enhance runway safety and reduce delays, cancellations, and flights with weight restrictions,' Kalamazoo/Battle Creek Airport Director Craig Williams said in a statement. 'It's a vital step forward in ensuring our airport remains a reliable and resilient asset for our community and the region.' Construction is expected to begin in the spring of 2026 and end in the fall. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
