TREMONT CORPORATION
8-K, 1999-02-11
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



                               February 10, 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 February 10, 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 first
quarter dividend.



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

     (c)  Exhibits

Item            Exhibit List
No.

<PAGE>


          99.1           Press release dated February 10, 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/ Robert E. Musgraves
                                  Robert E. Musgraves
                                  Vice President, General Counsel
                                   and Secretary




Date: February 10, 1999
                                
<PAGE>



                                                                    Exhibit 99.1

                                 PRESS RELEASE



FOR IMMEDIATE RELEASE              CONTACT:

Tremont Corporation                J. Thomas Montgomery, Jr.
1999 Broadway, Suite 4300          Vice President-Controller & Treasurer
Denver, Colorado  80202            303-296-5600


                  TREMONT DECLARES FIRST QUARTER 1999 DIVIDEND


     DENVER, COLORADO . . . February 10, 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 March 30, 1999, to stockholders of record as of the close of
business on March 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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