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Day: June 21, 2021

MIMO and PAR Tokens Listed on Bittrex Global to Enable Euro Stablecoin Trading

Singapore, June 18, 2021 — MIMO, the governance token behind Mimo DeFi, has officially been listed on Bittrex Global. In addition, PAR – Mimo’s stable token which is algorithmically pegged to the Euro — has also been listed. Its appeal to users of Bittrex comes from both owning the platform Mimo is built on as well as utilizing their native currency for those located in Europe. This marks Mimo’s largest centralised exchange listing to date and enables a wider audience to trade the MIMO & PAR tokens. PAR is exclusively minted in relation to loans on Mimo DeFi, the beginner-friendly lending platform that MIMO token holders help govern. PAR tokens are therefore collateralized by assets accepted on Mimo DeFi. Nick Calabro, Growth Manager at Mimo, says that joining the Bittrex lineup is just the first step in a series of bullish...

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TGS Announces New 3D Imaging Program in the U.S. Gulf of Mexico

OSLO, Norway (21 June 2021) – TGS, a global provider of energy data and intelligence, today announced Sophies Resolve Refocus 3D, an OBC and NAZ imaging program in the U.S. Gulf of Mexico. The program includes approximately 6,175 square kilometers of reprocessed 3D seismic data to provide a high-quality regional product, helping E&Ps further explore new and existing plays in this area. Sophies Resolve Refocus 3D marks the next phase of high-quality imaging over the mature, hydrocarbon-producing areas of South Timbalier, Grand Isle and Ewing Bank. By applying advanced imaging techniques utilizing its proprietary Dynamic Matching FWI imaging technology in this highly successful region, TGS will further illuminate the key subsurface structures and provide new insight into the prospectivity within the deeper sub-salt section. Additionally,...

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Hudbay Reports Fatal Incident at its Lalor Mine

TORONTO, June 20, 2021 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that a fatality occurred at its Lalor mine, located in Snow Lake, Manitoba. The incident occurred during underground mining operations on the evening of June 19, 2021, when a worker employed by a service provider was fatally injured from a fall while working at height. No other personnel were injured and the scene has been secured. All underground mining operations at the Lalor mine have been suspended while an investigation is completed. “This is a tragic situation and we are profoundly saddened by this unfortunate incident. Our hearts go out to the individual’s family, friends and colleagues during this difficult time,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer. “The safety and...

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