Schedule 13G

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO

FILED PURSUANT TO RULE 13d-2

 

SOLITARIO RESOURCES CORPORATION

 

 

 

(Name of Issuer)

 

Common Stock, $0.01 par value

 

 

 

 

(Title of Class of Securities)

 

83422R106

 

 

 

(CUSIP Number)

 

January 18, 2005

 

 

 

(Date of Event which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

 

 

*   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 the 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).


CUSIP No. 83422R106    13G    Page 2 of 7 Pages

 

  1.  

NAMES OF REPORTING PERSONS

 

Newmont Mining Corporation

   
  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

 

(a)  ¨

(b)  ¨

   
  3.  

SEC USE ONLY

 

   
  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

 

 

  5.    SOLE VOTING POWER

 

         2,700,000

 

  6.    SHARED VOTING POWER

 

         0

 

  7.    SOLE DISPOSITIVE VOTING POWER

 

         2,700,000

 

  8.    SHARED DISPOSITIVE VOTING POWER

 

         0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,700,000

   
10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)

 

 

 

 

¨

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

9.1%(1)

   
12.  

TYPE OF REPORTING PERSON (See Instructions)

 

HC, CO

   

 

(1)

Calculated based on the 29,633,992 shares of the common stock of the Issuer as represented by the Issuer to be outstanding as of April 23, 2008 as set forth in the Issuer’s Proxy Statement filed with the Securities and Exchange Commission on April 25, 2008.


CUSIP No. 83422R106    13G    Page 3 of 7 Pages

 

  1.  

NAMES OF REPORTING PERSONS

 

Newmont Mining Corporation of Canada Limited

   
  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

 

(a)  ¨

(b)  ¨

   
  3.  

SEC USE ONLY

 

   
  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Canada

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

 

 

  5.    SOLE VOTING POWER

 

         2,700,000

 

  6.    SHARED VOTING POWER

 

         0

 

  7.    SOLE DISPOSITIVE VOTING POWER

 

         2,700,000

 

  8.    SHARED DISPOSITIVE VOTING POWER

 

         0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,700,000

   
10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)

 

 

 

 

¨

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

9.1%(1)

   
12.  

TYPE OF REPORTING PERSON (See Instructions)

 

CO

   

 

(1)

Calculated based on the 29,633,992 shares of the common stock of the Issuer as represented by the Issuer to be outstanding as of April 23, 2008 as set forth in the Issuer’s Proxy Statement filed with the Securities and Exchange Commission on April 25, 2008.


CUSIP No. 83422R106    13G    Page 4 of 7 Pages

 

Item 1(a). Name of Issuer:

Solitario Resources Corporation

 

Item 1(b). Address of Issuer’s Principal Executive Offices:

4251 Kipling Street, Suite 390, Wheat Ridge, CO 80033

 

Item 2(a). Name of Person Filing:

Newmont Mining Corporation

Newmont Mining Corporation of Canada Limited

 

Item 2(b). Address of Principal Business Office or, if none, Residence:

1700 Lincoln Street, 37th Floor, Denver, CO 80203

 

Item 2(c). Citizenship:

Newmont Mining Corporation – Delaware

Newmont Mining Corporation of Canada Limited - Canada

 

Item 2(d). Title of Class of Securities:

Common Stock

 

Item 2(e). CUSIP No.:

83422R106

 

Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

  (a)   ¨   Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
  (b)   ¨   Bank as defined in section 3(a)(6) of the Act (15 U.S.C 78c).
  (c)   ¨   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
  (d)   ¨   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
  (e)   ¨   An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
  (f)   ¨   An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
  (g)   ¨   A parent holding company or control person in accordance with § 240.13d-l(b)(1)(ii)(G);
  (h)   ¨   A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
  (i)   ¨   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
  (j)   ¨   Group, in accordance with § 240.13d-l(b)(1)(ii)(J).


CUSIP No. 83422R106    13G    Page 5 of 7 Pages

 

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a) Amount beneficially owned:

Newmont Mining Corporation - 2,700,000

Newmont Mining Corporation of Canada Limited - 2,700,000

 

(b) Percent of class:

Newmont Mining Corporation - 9.1%

Newmont Mining Corporation of Canada Limited - 9.1%

 

(c) Number of shares as to which such person has:

 

  (i) Sole power to vote or to direct the vote:

 

    Newmont Mining Corporation - 2,700,000
    Newmont Mining Corporation of Canada Limited - 2,700,000

 

  (ii) Shared power to vote or to direct the vote:

 

    N/A

(iii) Sole power to dispose or to direct the disposition of:

 

    Newmont Mining Corporation - 2,700,000
    Newmont Mining Corporation of Canada Limited - 2,700,000

 

  (iv) Shared power to dispose of or to direct the disposition of:
    N/A

 

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following  ¨ .

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Newmont Mining Corporation of Canada Limited. See Exhibit A attached hereto.

 

Item 8. Identification and Classification of Members of the Group.

Not applicable.

 

Item 9. Notice of Dissolution of Group.

Not applicable.

 

Item 10. Certifications.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


CUSIP No. 83422R106    13G    Page 6 of 7 Pages

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

      NEWMONT MINING CORPORATION
Dated: May 2, 2008     By:    /s/ Sharon E. Thomas
      Name:    Sharon E. Thomas
      Title:    Vice President and Secretary
      NEWMONT MINING CORPORATION OF CANADA LIMITED
Dated: May 2, 2008     By:    /s/ Sharon E. Thomas
      Name:    Sharon E. Thomas
      Title:    Vice President and Secretary


CUSIP No. 83422R106    13G    Page 7 of 7 Pages

Exhibit A

 

1. Relevant Subsidiary:

Newmont Mining Corporation of Canada Limited

 

2. Place of Organization

Canada