UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15 (d)
of the Securities Exchange Act of 1934
Date of Report: January 27, 1998
HOMESTAKE MINING COMPANY
(Exact name of Registrant as specified in its charter)
Delaware 1-8736 94-2934609
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification Number)
incorporation)
650 California Street, San Francisco, California 94108-2788
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (415) 981-8150
http://www.homestake.com
Item 5. Other Events.
1. Restructuring of the Homestake Mine.
On January 26, 1998, the Registrant announced a major restructuring of
operations at the Homestake Mine in Lead, South Dakota. Due to increasing
production costs and the low gold price, the Company will implement a new
operating plan to reduce costs. The Company will suspend underground mining
while it completes the final details of the new operating plan and readies the
underground mine to begin operating on the restructured basis. The Company's
press release with respect to the restructuring of operations at the mine is
included as Exhibit 99.13 to this Form 8-K Report.
2. Announcement of Special Meeting of Stockholders.
A special meeting of stockholders has been set for Thursday, April 23, 1998. The
record date is March 10, 1998. At that meeting, shareholders will be asked to
approve issuance of Homestake Mining Company Common Stock to acquire Plutonic
Resources Limited, an Australian gold producer.
3. Announcement of Annual Meeting of Stockholders.
The annual meeting of stockholders has been set for Friday, July 24, 1998. The
record date for the annual meeting has not yet been established.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit 99.13 Press Release dated January 26, 1998 announcing the
restructuring of operations at the Homestake Mine in Lead,
South Dakota.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: January 27, 1998
HOMESTAKE MINING COMPANY
(Registrant)
By: /s/ David W. Peat
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David W. Peat
Vice President and Controller