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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 7)*
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)
September 25, 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 that is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
Check the following box if a fee is being paid with the statement. (A
fee is not required only if the rerporting 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 13a-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 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
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
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 30,000,000
SHARES --------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY -0-
EACH --------------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON WITH 30,000,000
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(10) SHARED DISPOSITIVE POWER
-0-
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(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,000,000
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(12) CHECK BOX IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
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(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.21%
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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
Schedule 13D
AMENDMENT NO. 7
This Amendment No. 7 to Schedule 13D relating to the common stock, par
value $.01 per share (the "Common Stock"), of Homestake Mining Company (the
"Company") is being filed on behalf of August von Finck pursuant to Section
13(d)(2) of the Securities Exchange Act of 1934 to amend the Schedule 13D
originally filed on March 9, 1998 amended on April 23, 1998, May 20, 1998, May
27, 1998, July 15, 1998, August 4, 1998 and August 13, 1998. Unless otherwise
indicated, all capitalized terms used herein but not defined herein shall have
the same meaning as set forth on the original Schedule 13D.
Item 4. PURPOSE OF TRANSACTION.
Item 4 is hereby amended and restated in its entirety to read as
follows:
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 as follows:
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.
A nominee of the Reporting Person, Mr. Gerhard Ammann, has been
elected to the Board of Directors of the Compnay effective September
25, 1998. The Reporting Person and the Company are currently in
negotiations concerning an agreement pursuant to which, inter alia,
(a) the Company would permit the Reporting Person, subject to certain
conditions, to acquire more than 15% of the issued and outstanding
shares of Common Stock without triggering the provisions of that
certain Rights Agreement dated as of October 16, 1987 and amended as
of October 15, 1997, between the Company and BankBoston N.A. (the
"Rights Agreement"), including, without limitation the "flip-in" of
Rights (as defined in the Rights Agreement) and the Company's ability
to redeem the Rights, even though the 15% ownership threshold has been
exceeded by the Reporting Person, and (b) a second nominee of the
Reporting Person would become a director of the Company.
Mr. Ammann, a chartered accountant, is a Partner with Deloitte &
Touche Experta Ltd. in Zurich, Switzerland.
The Reporting Person submitted a Hart-Scott-Rodino notification and
report to the Federal Trade Commission and the Department of Justice
to seek permission to acquire up to 24.99%, in the aggregate, of the
sahres of Common Stock and, on June 29, 1998, was notified that an
early termination was granted.
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Page 4 of 4 Pages
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: September 30. 1998
August von Finck
By: /s/ Ernst Knut Stahl
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Ernst Knut Stahl, attorney in fact
By: /s/ Rainer Nocon
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Rainer Nocon, attorney in fact
