SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported): May 13, 1999
COEUR D'ALENE MINES CORPORATION
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(Exact name of Registrant as specified in its charter)
Idaho 1-8641 82-0109423
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification
Number)
P.O. Box I, Coeur d'Alene, Idaho 83816
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(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (208) 667-3511
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Not Applicable
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(Former name or former address, if changed since last report)
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Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On July 27, 1999, Coeur d'Alene Mines Corporation (the "Company")
determined that the firm of Ernst & Young LLP ("E&Y") would no longer serve as
the Company's independent accounting firm. E&Y had served in that capacity
since 1981. The Company decided that a change in its independent accounting
firm would be appropriate.
During the years ended December 31, 1997 and 1998 and the subsequent
interim period, there were no disagreements between the Company and E&Y on any
matters of accounting principles or practices, financial statement disclosure
or auditing scope or procedure, which, if not resolved to the satisfaction of
E&Y, would have been referred to in their reports. E&Y's reports on the
Company's financial statements for the years ended December 31, 1997 and 1998
did not contain an adverse opinion or a disclaimer of opinion and were not
qualified or modified as to uncertainty, audit scope, or accounting
principles.
The decision to change independent accountants was approved by the Audit
Committee of the Company's Board of Directors.
The Company has not yet engaged a new independent accounting firm.
Attached as an exhibit to this Form 8-K is a letter from E&Y indicating
their response to the statements made by the Company in this Form 8-K.
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
(c) EXHIBITS
The following exhibit is filed herewith:
EXHIBIT NUMBER DOCUMENT
16(a) Letter, dated August 3, 1999, from Ernst & Young
LLP to the Securities and Exchange Commission
2
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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.
COEUR D'ALENE MINES CORPORATION
(Registrant)
Date: August 3, 1999 By: /s/GEOFFREY A. BURNS
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Geoffrey A. Burns
Vice President and
Chief Financial Officer
EXHIBIT 16(A)
August 3, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Gentlemen:
We have read Item 4 of Form 8-K dated July 27, 1999 of Coeur d'Alene Mines
Corporation and are in agreement with the statements contained in the first
and second sentences of the first paragraph and first and second sentences of
the second paragraph on page 2 therein. We have no basis to agree or disagree
with other statements of the registrant contained therein.
Very truly yours,
/s/ERNST & YOUNG LLP
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Ernst & Young LLP
