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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
HOMESTAKE MINING COMPANY
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
43761400
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(CUSIP Number)
William S. Sterns, III, Esq.; WALTER, CONSTON, ALEXANDER & GREEN, P.C.
90 PARK AVENUE, NEW YORK, NY 10016, TEL. (212) 210-9400
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
February 27, 1998
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box / /.
Check the following box if a fee is being paid with the statement /x/. (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
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SCHEDULE 13D
CUSIP NO. 43761400 PAGE 2 OF 4 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
August von Finck
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS* PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
German
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7 SOLE VOTING POWER
NUMBER OF
SHARES 10,510,100
BENEFICIALLY -----------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING - 0 -
PERSON -----------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
10,510,000
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10 SHARED DISPOSITIVE POWER
- 0 -
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,510,000
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.16%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 3 of 4 Pages
Item 1. SECURITY AND ISSUER.
This Schedule 13D relates to the Common Stock, $.01 par value (the
"Common Stock"), of Homestake Mining Company (the "Company"), which to
the best knowledge of the person filing this Schedule 13D, is a
company organized under the laws of Delaware, with its principal
executive offices located at 650 California Street, San Francisco, CA
94108-2788.
Item 2. IDENTITY AND BACKGROUND.
(a) The name of the person filing this Schedule 13D is August von
Finck (the "Reporting Person").
(b) The business address of the Reporting Person is Pacellistr. 4,
80333 Munich, Germany.
(c) The principal occupation or employment of the Reporting Person is
a private businessman. The name of the organization in which such
employment is conducted is Fink'sche Hauptverwaltung, with its
principal address at Pacellistrasse 4, 80333 Munich, Germany.
(d) During the last five (5) years, the Reporting Person has not been
convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors).
(e) During the last five (5) years, the Reporting Person has not been
a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction as a result of which the Reporting Person was
or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to,
federal or state securities laws or finding any violation with respect
to such laws.
(f) The citizenship of the Reporting Person is German.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Personal Funds.
Item 4. PURPOSE OF TRANSACTION.
The Reporting Person has acquired the shares of Common Stock owned by
him for investment purposes. The Reporting Person has no present plans
or proposals which relate to or would result in any of the matters or
events referred to in clauses (a)-(i) of Item 4 of Schedule 13D,
except that the Reporting Person may dispose of all or some of the
shares of Common Stock, or may acquire additional shares of Common
Stock, from time to time, depending upon price and market conditions,
the evaluation of alternative investments, and other factors.
Currently, the Reporting Person intends to acquire additional shares
of Common Stock in the open market, depending upon the price of the
Common Stock from time to time.
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
As of March 6, 1998, the Reporting Person had an interest in the
shares of Common Stock of the Issuer as follows:
<TABLE>
<S> <C>
No. of shares of Common Stock 10,510,100
Voting Power: Sole
Disposition Power: Sole
Aggregate Percentage Beneficially Owned 7.16%*
</TABLE>
*Based upon 146,735,000 shares of Common Stock outstanding as of
October 31, 1997, as reported in the Issuer's Form 10-Q for the
quarterly period ended September 30, 1997.
During the past sixty (60) days, the Reporting Person purchased an
aggregate of 10,510,100 shares of Common Stock at an average price of
$9.56 per share of Common Stock. All shares of Common Stock were
purchased in open market transactions, as more fully set forth in
Exhibit A.
No person other than the Reporting Person has the right to receive or
the power to direct the receipt of dividends from, or the proceeds
from the sale of, the Registering Person's shares of Common Stock.
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIP WITH RESPECT
TO SECURITIES OF THE ISSUER.
None.
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Page 4 of 4 Pages
Item 7. MATERIALS TO BE FILED AS EXHIBITS.
Exhibit A-Schedule of Purchases of Common Stock by the Reporting Person
within the last 60 days.
Exhibit B-Power of Attorney, dated December 6, 1995 from August von
Finck et alia in favor of Messrs. Hubert Mennacher, Rainer Nocon and
Ernst Knut Stahl.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in the Statement is true,
correct and complete.
DATED: March 9, 1998 August von Finck
/s/ Ernst Knut Stahl
--------------------------------------
By: Ernst Knut Stahl, Attorney in fact
/s/ Rainer Nocon
--------------------------------------
By: Rainer Nocon, Attorney in fact
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EXHIBIT A
<TABLE>
<CAPTION>
Date Shares US$ Price per share
- ---- ------ --- ---------------
<S> <C> <C> <C>
1/12/98 489,200 3,834,161.48 7.84
1/13/98 328,000 2,641,013.36 8.05
1/14/98 330,000 2,805,320.10 8.50
1/15/98 114,800 975,370.65 8.50
1/20/98 10,000 90,313.65 9.03
1/21/98 620,000 5,676,195.67 9.16
1/22/98 420,000 3,864,142.56 9.20
1/23/98 30,000 269,054.70 8.97
1/26/98 1,220,000 11,779,458.80 9.66
1/27/98 572,000 5,482,047.35 9.58
1/28/98 164,000 1,591,681.43 9.71
1/29/98 1,343,000 13,202,015.86 9.83
1/30/98 424,000 4,130,493.55 9.74
2/2/98 30,000 292,764.00 9.76
2/3/98 208,000 1,956,679.42 9.41
2/4/98 559,000 5,559,394.75 9.95
2/6/98 100,000 1,002,277.80 10.02
2/11/98 350,000 3,486,332.50 9.96
2/27/98 832,000 8,284,540.16 9.96
3/2/98 315,100 3,143,885.04 9.98
3/3/98 1,214,100 12,111,388.10 9.98
3/4/98 350,800 3,495,908.87 9.97
3/5/98 486,100 4,834,611.04 9.95
---------- -------------- -----
10,510,100 100,509,050.84 9.56
========== ============== =====
</TABLE>
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EXHIBIT B
Translation
- -----------
August von Finck
Document No. 3513K/95
Dr. K/ts
Power of Attorney
I.
Mr. August Von Finck,
born March 11, 1930,
and his wife, Mrs. Francine von Finck,
nee Le Tanneux von Saint-Paul,
born September 16, 1945,
address: 82402 Seeseiten, Post Seeshaupt
and their children:
Mr. August-Francois von Finck,
born May 2,1968,
address: Gartenstr. 5, CH 4123 Allschwil, Switzerland
Mr. Maximilian-Rudolf von Finck,
born May 29, 1969,
address:
Mr. Luitpold-Ferdinand von Finck,
born March 11, 1971,
address:
Mrs. Maria-Theresia von Finck,
born April 9, 1975,
address: 82402 Seeseiten, Post Seeshaupt,
hereby grant
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-2-
a) Dr. Hubert Mannacher,
Godostr. 1, 52131 Gauting,
b) Mr Rainer Nocon,
Hochenbachernstr. 7, 85402 Kranzberg,
c) Mr. Ernst Knut Stahl,
Amiraplatz 1, 80333 Munich,
general power of attorney
in the form that any two of the persons named above are authorized to act
jointly.
The attorneys-in-fact are authorized to persform for the principal all legal
acts for which an attorney-in-fact is legally permisslbe.
The attorneys-in-fact may not assigned the power of attorney to a third person
unless in the scope of the handling and performance of closed legal acts.
The attorneys-in-fact are not released from the restrictions of Sec. 181 of the
German Civil Code (Burgerliches Gesetzbach-BGB).
This power of attorney shall survive the death of the respective principal.
This power of attorney may be revoked at any time.
II.
The principals are aware that the power of attorney presupposes a special
confidential relationship with the attorneys-in-fact and that upon the
revocation of the power of attorney, the power of attorney document must be
reclaimed so that
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the power of attorney is also terminated vis-a-vis persons acting in good
faith.
III.
The costs of this document shall be borne by the principal.
Munich, December 6, 1995.
Signed: August von Finck
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-4-
Document No. 3513 K
I hereby certify the authenticity of the above signature which was signed in my
presence by
Mr. August von Finck,
born March 11, 1930,
92402 Seeseiten, Post Seeshaupt,
stated to be married under the marital regime of separate property,
to me personally known.
Munich, December 6, 1995
Signed: Dr. Streber,
officially appointed representative
of the Notary Dr. Helmut Keidel
