Coeur Mining, Inc. — Major Shareholding Notification 2003

Mar 3, 2003

SC 13G 1 a88167sc13g.htm SCHEDULE 13G Coeur d'Alene Mines Corp - Schedule 13G PAGEBREAK

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934 (Amendment No. )*

Coeur d’Alene Mines Corporation

(Name of Issuer)

Common Stock, par value $1.00 per share

(Title of Class of Securities)

192108108

(Cusip Number)

February 21, 2003

(Date of Event Which Requires Filing of this Statement)

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

o Rule 13d-1 (b)

x Rule 13d-1 (c)

o 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 in 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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13G
CUSIP No. 192108108
1.	Name of Reporting
Person: JMB Capital Partners, L.P.		I.R.S. Identification Nos. of above persons (entities only):
2.	Check the Appropriate Box if a Member of a Group:
	(a)	o
	(b)	x
3.	SEC Use Only:
4.	Citizenship or Place of Organization: California
Number of Shares Beneficially Owned by Each Reporting Person With
		5.	Sole Voting
Power: 11,604,977 (See Item 4)
		6.	Shared Voting Power: 0
		7.	Sole Dispositive Power: 11,604,977 (See Item 4)
		8.	Shared Dispositive Power: 0
9.	Aggregate
Amount Beneficially Owned by Each Reporting Person: 11,604,977 (See Item 4)
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares: o
11.	Percent
of Class Represented by Amount in Row (9): 7.8% (See Item 4)
12.	Type of Reporting Person: PN

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13G
CUSIP No. 192108108
1.	Name of Reporting
Person: Smithwood Partners, LLC		I.R.S. Identification Nos. of above persons (entities only):
2.	Check the Appropriate Box if a Member of a Group:
	(a)	o
	(b)	x
3.	SEC Use Only:
4.	Citizenship or Place of Organization: California
Number of Shares Beneficially Owned by Each Reporting Person With
		5.	Sole Voting
Power: 11,604,977 (See Item 4)
		6.	Shared Voting Power: 0
		7.	Sole Dispositive Power: 11,604,977 (See Item 4)
		8.	Shared Dispositive Power: 0
9.	Aggregate
Amount Beneficially Owned by Each Reporting Person: 11,604,977 (See Item 4)
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares: o
11.	Percent
of Class Represented by Amount in Row (9): 7.8% (See Item 4)
12.	Type of Reporting Person: OO

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13G
CUSIP No. 192108108
1.	Name of Reporting Person: Jonathan Brooks		I.R.S. Identification Nos. of above persons (entities only):
2.	Check the Appropriate Box if a Member of a Group:
	(a)	o
	(b)	x
3.	SEC Use Only:
4.	Citizenship or Place of Organization: United States
Number of Shares Beneficially Owned by Each Reporting Person With
		5.	Sole Voting
Power: 11,604,977 (See Item 4)
		6.	Shared Voting Power: 0
		7.	Sole Dispositive Power: 11,604,977 (See Item 4)
		8.	Shared Dispositive Power: 0
9.	Aggregate
Amount Beneficially Owned by Each Reporting Person: 11,604,977 (See Item 4)
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares: o
11.	Percent
of Class Represented by Amount in Row (9): 7.8% (See Item 4)
12.	Type of Reporting Person: IN

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13G
CUSIP No. 192108108
1.	Name of Reporting
Person: Bear Stearns Securities Corp. FBO Jonathan Brooks IRA		I.R.S. Identification Nos. of above persons (entities only):
2.	Check the Appropriate Box if a Member of a Group:
	(a)	o
	(b)	x
3.	SEC Use Only:
4.	Citizenship or Place of Organization: California
Number of Shares Beneficially Owned by Each Reporting Person With
		5.	Sole Voting
Power: 11,604,977 (See Item 4)
		6.	Shared Voting Power: 0
		7.	Sole Dispositive Power: 11,604,977 (See Item 4)
		8.	Shared Dispositive Power: 0
9.	Aggregate
Amount Beneficially Owned by Each Reporting Person: 11,604,977 (See Item 4)
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares: o
11.	Percent
of Class Represented by Amount in Row (9): 7.8% (See Item 4)
12.	Type of Reporting Person: OO

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13G

Item 1.	(a)	Name of Issuer:
		Coeur d’Alene Mines Corporation
	(b)	Address of Issuer’s Principal Executive Offices:
		505 Front Avenue P.O. Box I Coeur d’Alene, Idaho 83816
Item 2.
	(a)	Name of Person Filing:
		(i) JMB Capital Partners, L.P., a California limited partnership, (ii) Smithwood Partners, LLC, a California limited liability company, (iii) Jonathan Brooks, an individual and (iv) Bear Stearns Securities Corp. FBO Jonathan Brooks IRA
	(b)	Address of Principal Business Office or, if none, Residence:
		1999 Avenue of the Stars, Suite 2040 Los Angeles, California 90067
	(c)	Citizenship:
		See row 4 of each filer’s cover page
	(d)	Title of Class of Securities:
		Common Stock, par value $1.00 per share
	(e)	CUSIP Number:
		192108108
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)	o	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
	(b)	o	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
	(c)	o	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
	(d)	o	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
	(e)	o	An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
	(f)	o	An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
	(g)	o	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
	(h)	o	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
	(i)	o	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)	o	Group, in accordance with §240.13d-1(b)(1)(ii)(J).

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13G

Item 4.	Ownership. — (a)	Amount beneficially owned:
		11,604,977 shares of common stock as
follows: (i) 1,228,925 shares issuable to Bear Stearns Securities
Corp. FBO Jonathan Brooks IRA (“Jonathan Brooks IRA”) upon conversion
of $1,968,000 principal amount of 9% Convertible Senior Subordinated
Notes due 2007 (the “Notes”) issued to Jonathan Brooks IRA pursuant to that certain indenture, dated as of February 26, 2003 (the “Indenture”), between Coeur d’Alene Mines Corporation and The Bank of New York, (ii) 8,590,608 shares issuable
to JMB Capital Partners, L.P. upon
conversion of $13,757,000 principal
amount of the Notes issued to JMB Capital Partners, L.P.,
pursuant to the Indenture, (iii) 221,206 additional shares
issuable to Jonathan Brooks IRA upon conversion of the Notes
pursuant to the Indenture, (iv) 1,546,310 additional shares issuable
to JMB Capital Partners, L.P. upon conversion of the Notes pursuant
to the Indenture and (v) 17,928 shares issuable to JMB Capital
Partners, L.P. upon conversion of $462,000 principal amount of 6 3/8%
Convertible Subordinated Debentures due 2004 (the “Debentures”)
pursuant to that certain Indenture, dated as of January 26, 1994
between Coeur D’Alene Mines Corporation and Bankers Trust Company, at
a conversion price of $25.77 per share. A conversion rate of $1.6014 principal amount
per share of common stock was used for the calculations of additional
shares in
clauses (iii) and (iv) above (the initial conversion price set
forth in the Indenture). The conversion calculation for the
additional shares issued upon conversion of the Notes will vary based on the market price of the common stock.
	(b)	Percent of class:
		7.8%.
	(c)	Number of shares as to which the person has:
		(i)	Sole power to vote or to direct the vote:
			11,604,977
		(ii)	Shared power to vote or to direct the vote:
			0
		(iii)	Sole power to dispose or to direct the disposition of:
			11,604,977
		(iv)	Shared power to dispose or to direct the disposition of:
			0
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 five percent of the class of securities, check the following o .
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.
Not applicable.
Item 8.	Identification and Classification of Members of the Group.
Not applicable.
Item 9.	Notice of Dissolution of Group.
Not applicable.
Item 10.	Certification.
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.
A Joint Filing Agreement is
attached hereto as Exhibit 1.

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13G

link1 "SIGNATURE" 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.

Date:	March 3, 2003
Company Name(s):
JMB CAPITAL PARTNERS, L.P. By: Smithwood Partners, LLC
By:	/s/ Jonathan Brooks
Name:	Jonathan Brooks
Title:	Sole Member and Manager
SMITHWOOD PARTNERS, LLC
By:	/s/ Jonathan Brooks
Name:	Jonathan Brooks
Title:	Sole Member and Manager
JONATHAN BROOKS
/s/ Jonathan Brooks
Name:	Jonathan Brooks
BEAR STEARNS SECURITIES CORP. FBO JONATHAN BROOKS IRA
By:	/s/ Jonathan Brooks
Name:	Jonathan Brooks
Title:	an individual

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Exhibit 1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned agree that only one statement containing the information required by Schedule 13G need be filed by each of the undersigned with respect to the ownership by each of the undersigned of shares of common stock of Coeur d’Alene Mines Corporation. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original.

Date:	March 3, 2003
Company Name(s):
JMB CAPITAL PARTNERS, L.P. By: Smithwood Partners, LLC
By:	/s/ Jonathan Brooks
Name:	Jonathan Brooks
Title:	Sole Member and Manager
SMITHWOOD PARTNERS, LLC
By:	/s/ Jonathan Brooks
Name:	Jonathan Brooks
Title:	Sole Member and Manager
JONATHAN BROOKS
/s/ Jonathan Brooks
Name:	Jonathan Brooks
BEAR STEARNS SECURITIES CORP. FBO JONATHAN BROOKS IRA
By:	/s/ Jonathan Brooks
Name:	Jonathan Brooks
Title:	an individual

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