HOMESTAKE MINING CO /DE/
8-K, 1995-12-06
GOLD AND SILVER ORES
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                                  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 (Date of earliest event reported): November 29, 1995


                           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





                                                           Page 1 of 3 Pages


<PAGE>



Item 5.  Other Events.

         On November 29, 1995,  Registrant  issued the press release appended as
Exhibit 99.3,  announcing it will extend until  Friday,  December 22, 1995,  its
offer to  acquire  the  shares of its  subsidiary  Homestake  Gold of  Australia
Limited that Homestake does not own already.


Item 7.  Financial Statements and Exhibits.

         (c)      Exhibits.

Exhibit  99.3  

Press Release  dated  November 29, 1995,  announcing  that the  Registrant  will
extend until Friday,  December 22, 1995,  its offer to acquire the shares of its
subsidiary  Homestake  Gold of  Australia  Limited that  Homestake  does not own
already. 



                                    SIGNATURE


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:   November 29, 1995


                                          HOMESTAKE MINING COMPANY
                                             (Registrant)



                                          By:  /s/ David W. Peat
                                               -----------------
                                               David. W. Peat
                                               Vice President and Controller


                                                           Page 2 of 3 Pages

<PAGE>


                                                         Exhibit 99.3




News Release

Homestake Mining Company
650 California Street
San Francisco, CA 94108
Phone:   415/981-8150
Fax:              415/397-5038

Contact:

Gene G. Elam
Vice President, Finance and
Chief Financial Officer
415 981-8150

        Homestake Extends Offer Period for Acquiring
        Shares of Homestake Gold of Australia Limited

San Francisco,  CA,  November 29, 1995 - Homestake  Mining  Company  (NYSE:  HM)
announced today that it will extend until Friday, December 22, 1995 its offer to
acquire the shares of its subsidiary  Homestake Gold of Australia Limited (HGAL)
that Homestake does not own already.

The time for HGAL shareholders to accept  Homestake's offer has been extended to
ensure that all  shareholders  have  sufficient  opportunity  to elect to accept
Homestake Shares or cash pursuant to the Offer.

Rothschild  Australia  Limited,  the  independent  expert  retained by HGAL, has
concluded  that  Homestake's  offer  is fair  and  reasonable.  The  independent
directors  of  HGAL  have  recommended  that  HGAL  shareholders  either  accept
Homestake's offer or sell their shares on the Australian Stock Exchange.

As of the close of business in Australia on November 29, 1995, acceptances for a
total of 10,103,000  HGAL shares had been received.  Homestake now owns 83.2% of
the outstanding shares of HGAL.

Homestake  is one of the  largest  gold  producers  in the world  with 1995 gold
production  estimated to be  approximately  1.9 million ounces.  The Company has
major gold operations in the United States, Canada and Australia.


                                                       Page 3 of 3 Pages






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