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 (date of earliest event reported): June 8, 2011

                               TARA MINERALS CORP.
                            -------------------------
                 (Name of Small Business Issuer in its charter)

         Nevada                       None                    20-5000381
------------------------     --------------------       -----------------------
(State of incorporation)    (Commission File No.)       (IRS Employer
                                                         Identification No.)

                                2162 Acorn Court
                                Wheaton, IL 60187
                 ---------------------------------------------
          (Address of principal executive offices, including Zip Code)

      Registrant's telephone number, including area code: (630)-462-2079

                                       N/A
                        ---------------------------------
          (Former name or former address if changed since last report)

Check appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy  the filing  obligation  of the  registrant  under any of the  following
provisions (see General Instruction A.2. below)

[  ] Written communications pursuant to Rule 425 under the Securities Act (17
   CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
   240.14a-12)

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
   Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-14(c) under the
   Exchange Act (17 CFR 240.13e-4(c))



Item 8.01   Other Events

     On September 13, 2010,  Tara Gold  Resources  Corp.  announced  that it had
entered into a tentative  agreement with Tara Minerals Corp. which provided Tara
Minerals would acquire all of the outstanding  shares of Tara Gold by exchanging
one share of Tara Mineral's common stock for two Tara Gold shares.

     Following Tara Gold's announcement, the law firm of Umeda Robbins used Tara
Gold's public trading symbol to announce that it had commenced an  investigation
into the  potential  acquisition  of Tara Gold by Tara  Minerals in an effort to
ensure fair value would be received by Tara Gold shareholders.

     On September 20, 2010 Chris  Columbo filed a lawsuit in the District  Court
for Carson City Nevada,  against Tara Gold,  Tara Gold's  officers and directors
and Tara  Minerals.  The essence of the lawsuit was to obtain the fairest  price
for Tara Gold,  whether from Tara Minerals or a third party. On October 25, 2010
the lawsuit against Tara Gold and other defendants was voluntarily dismissed.

     Following  the  dismissal  of the  lawsuit,  the  attorneys  for Tara  Gold
contacted Mr. Columbo and learned that Mr. Columbo had not authorized the filing
of the lawsuit against Tara Gold.

     Mr. Columbo supplied Tara Gold with an affidavit  regarding his involvement
with the lawsuit, a copy of which is attached as an exhibit to this report.

Item 9.01   Financial Statements and Exhibits

Exhibit #      Description
---------      -----------

  99           Affidavit of Chris J. Columbo



                                   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 hereunto duly authorized.


Date:   July 25, 2011                TARA MINERALS CORP.



                                     By:  /s/ Francis R. Biscan, Jr.
                                          ---------------------------
                                          Francis R. Biscan, Jr., President