SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported): July 22, 2002
COEUR d'Alene MINES CORPORATION
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(Exact name of Registrant as specified in its charter)
Idaho 1-8641 82-0109423
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification
Number)
400 Coeur d'Alene Mines Bldg.
505 Front Avenue
Coeur d'Alene, Idaho 83814
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(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (208) 667-3511
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Not Applicable
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(Former name or former address, if changed since last report)
Item 4. Changes in Registrant's Certifying Accountant.
On July 22, 2002, Coeur d'Alene Mines Corporation (the "Company") advised
the firm of Arthur Andersen LLP ("AA") that AA would no longer serve as the
Company's independent accounting firm. AA had served in that capacity since
October 1999. The Company's determination reflected the fact that on June 15,
2002, the Securities and Exchange Commission announced that AA had informed the
Commission that it will cease practicing before the Commission by August 31,
2002.
During the years ended December 31, 2000 and 2001, there were no
disagreements between the Company and AA on any matters of accounting principles
or practices, financial statement disclosure or auditing scope or procedure,
which, if not resolved to the satisfaction of AA, would have been referred to in
their reports. AA's reports on the Company's financial statements for the years
ended December 31, 2000 and 2001, did not contain an adverse opinion or a
disclaimer of opinion and were not qualified or modified as to uncertainty,
audit scope, or accounting principles, except that AA's report dated February
15, 2002, stated that the financial statements included in the Company's Annual
Report on Form 10-K for the year ended December 31, 2001, had been prepared
assuming that the Company will continue as a going concern.
On July 22, 2002, Coeur d'Alene Mines Corporation (the "Company") engaged
the independent accounting firm of KPMG LLP. ("KPMG") to serve as its new
auditing firm.
During the years ended December 31, 2000 and 2001, and the subsequent
interim period, the Company did not consult with KPMG regarding either (i) the
application of accounting principles to a specified transaction or the type of
audit opinion that might be rendered on the Company's financial statements or
(ii) any matter that was either the subject of a disagreement (as defined in
Item 304(a)(1)(iv) of Form 8-K) or a reportable event (as defined in Item
304(a)(1)(v) of Form 8-K).
The decision to change independent accountants was approved by the Audit
Committee of the Company's Board of Directors.
Although the Company has made reasonable efforts to obtain a letter from
AA indicating its agreement or disagreement with the statements made by the
Company in this Form 8-K, the letter cannot be obtained from AA and, in
accordance with SEC Release Nos. 33-8070 and 34-45590, "Requirements for Arthur
Andersen LLP Auditing Clients," such a letter from AA is not attached as an
exhibit to this Form 8-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
None
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 thereunto duly authorized.
COEUR D'ALENE MINES CORPORATION
(Registrant)
Dated: July 23, 2002 By: /s/ Geoffrey A. Burns
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Geoffrey A. Burns
Senior Vice President and
Chief Financial Officer