TREMONT CORPORATION
8-K, 1999-07-28
PRIMARY SMELTING & REFINING OF NONFERROUS METALS
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                       SECURITIES AND EXCHANGE COMMISSION


                              WASHINGTON, DC 20549


                                    FORM 8-K

                                 CURRENT REPORT


               Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934



                                   July 21, 1999

               (Date of Report, date of earliest event reported)



                               TREMONT CORPORATION

             (Exact name of Registrant as specified in its charter)



                   Delaware               1-10126             76-0262791

               (State or other          (Commission         (IRS Employer
                jurisdiction of          File Number)        Identification
                incorporation)                               Number)
<PAGE>




            1999 Broadway, Suite 4300, Denver, CO              80202

           (Address of principal executive offices)         (Zip Code)



                                 (303) 296-5600

              (Registrant's telephone number, including area code)


                               Not Applicable

             (Former name or address, if changed since last report)

Item 5:   Other Events

     On July 21, 1999, the Registrant issued the press release attached hereto
as Exhibit 99.1, which is incorporated herein by reference.  The press release
relates to an announcement by Registrant regarding Registrant's Third Quarter
1999 dividend.



Item 7:   Financial Statements, Pro Forma Financial Information and Exhibits

     (c)  Exhibits

Item            Exhibit List

<PAGE>

No.


          99.1           Press release dated July 21, 1999 issued by Registrant.



<PAGE>

                                   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.



                              TREMONT CORPORATION
                              (Registrant)




                              By: /s/ Joan H. Prusse
                                    Assistant Secretary



Date: July 21, 1999


<PAGE>



                                                                    EXHIBIT 99.1

                    PRESS RELEASE



FOR IMMEDIATE RELEASE:             CONTACT:

Tremont Corporation                J. Thomas Montgomery, Jr.
1999 Broadway, Suite 4300          Vice President, Controller and Treasurer
Denver, Colorado  80202            (303) 296-5617



                    TREMONT DECLARES THIRD QUARTER DIVIDEND


     DENVER, COLORADO . . . July 21, 1999 . . . Tremont Corporation (NYSE: TRE)
announced today that its board of directors, at its most recent meeting,
declared a regular quarterly dividend of seven cents ($0.07) per share of common
stock, payable on September 30, 1999 to stockholders of record as of the close
of business on September 15, 1999.

     Tremont Corporation, headquartered in Denver, Colorado, is principally a
holding company with operations in the titanium metals business, conducted
through Titanium Metals Corporation, the titanium dioxide business, conducted
through NL Industries, Inc., and real estate development, conducted through
Victory Valley Land Company, L.P.


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                            ......


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