Australian iron ore mining firm Flinders Mines Limited has announced plans to raise approximately A$16m ($11.83m) under a non-renounceable offering of approximately 290 million fully paid ordinary shares priced at A$0.55 ($0.40) each. 

Eligible shareholders will receive one new ordinary share for every existing 11 ordinary shares.

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The offer value is at approximately 22% discount to the 30-day volume-weighted average price up to 13 April 2017 of Flinders Mines’ share price on ASX.

Famur has announced plans to issue approximately 43.67 million ordinary bearer Series D shares and 29,293,500 ordinary bearer Series E shares through a private placement.

Based in Poland, the company is a manufacturer of equipment and machines for the mining industry.

Fortescue Metals Group has announced that it has raised $750m through issuing senior unsecured notes maturing in 2024 with a 5.125% coupon rate, in addition to $750m raised through issue of senior unsecured notes maturing in 2022. 

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"The company has given a 30-day option to the underwriters to purchase additional shares to cover over-allotments."

Euroclear Bank and Clearstream Banking acted as depository, while Credit Suisse Group, Deutsche Bank, JPMorgan Chase & Co, and Morgan Stanley were engaged as the book-runners for the issue.

Fortescue Metals Group is an iron ore mining company based in Australia.

US-based coal mines operator Contura Energy has announced the filing of preliminary prospectus with the Securities and Exchange Commission to raise approximately $100m by issuing common shares in an initial public offering (IPO).

The company has given a 30-day option to the underwriters to purchase additional shares to cover over-allotments, if any.

Citigroup Global Markets is engaged as the joint underwriter and book-runner, while Davis Polk & Wardwell is the legal advisor for the transaction.

Ship Ocean has announced the acquisition of the Jelai IUP copper-gold project located in Indonesia from Asiamet Resources for $800,000.

Asiamet is a Canada-based exploration and development company that specialises in copper-gold deposits.

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