UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

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

Date of report (Date of earliest event reported): June 816, 2005

MK RESOURCES COMPANY

(Exact name of registrant as specified in charter)

Delaware

0-23042

82-0487047

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

60 East South Temple, Suite 1225

Salt Lake City, Utah 84111

(801) 297-6900

(Address of Principal Executive Offices and Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2. below):

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)

Item 81.01 ~~Other~~Entry ~~Events~~into a Material Definitive Agreement

On June 816, 2005, the board of directors of MK Resources Company (“MK Resources”) authorized ~~received~~the ~~notice~~officers ~~from~~of ~~The~~MK ~~Ministry~~Resources ofto ~~Economy~~pay ~~for~~Robert ~~Spain~~R. ~~that~~Gilmore, itthe ~~had~~chairman ~~granted~~of ~~extensions~~the audit committee of the ~~capital expenditure~~board ~~deadlines~~of ~~contained~~directors inof ~~the~~MK ~~subsidies~~Resources, ~~previously~~$1,000 ~~granted~~ for ~~the~~each ~~Las~~day ~~Cruces project~~Mr. AsGilmore’s aservices ~~result~~were ofor ~~these~~are ~~extensions,~~required MKin ~~Resources’~~connection ~~wholly~~with ~~owned~~the ~~subsidiary,~~negotiations and ~~Cobre~~review ~~Las~~of ~~Cruces,~~the ~~S.A.~~transactions (the “~~CLC~~Transactions”), ~~will~~contemplated ~~have~~by ~~until~~the ~~December~~Share 31Purchase Agreement dated May 2, ~~2007 to~~2005 ~~incur~~among ~~25%~~MK ofResources, ~~the~~Leucadia ~~capital~~National ~~expenditures~~Corporation ~~required~~(“Leucadia”) ~~under~~and ~~the~~Inmet ~~conditions~~Mining ofCorporation and the ~~subsidies.~~Agreement ~~CLC~~and Plan ~~must~~of ~~incur~~Merger ~~100%~~dated as of ~~the~~May ~~qualifying~~2, ~~capital~~2005 ~~expenditures~~among byMK ~~December~~Resources, 31Leucadia and Marigold Acquisition Corp., ~~2008~~a wholly owned subsidiary of Leucadia.

~~The~~In ~~subsidies~~connection ~~previously~~with ~~granted~~the tonegotiations ~~CLC~~and ~~consist~~review of athe ~~Regional~~Transactions, ~~Incentive~~Mr. ~~Subsidy~~Gilmore ~~for~~performed ~~36.9~~services ~~million~~beyond ~~euros~~the ~~and~~services aexpected ~~subsidy~~of ~~under~~Mr. ~~the~~Gilmore ~~Special Action~~when ~~Zone~~his ~~Aid~~compensation ~~Program~~as chairman of ~~10.6~~the ~~million~~audit ~~euros.~~committee ~~Both~~was ~~subsidies~~established, ~~are~~which ~~subject~~additional services to ~~the~~date ~~same~~have ~~conditions~~included, ~~including~~among ~~job~~other ~~creation~~things, ~~minimum~~working ~~equity~~with ~~requirements~~Raymond ~~for~~James ~~CLC,~~Ltd. ~~and~~in ~~qualifying~~connection ~~capital~~with ~~expenditures~~the offairness ~~264~~opinion ~~million~~rendered ~~euros~~by ~~for~~Raymond ~~engineering,~~James ~~plant,~~Ltd ~~land~~ and traveling to Spain to ~~equipment~~visit the Las Cruces project. InThe ~~addition,~~additional incompensation ~~order~~payable to ~~receive~~Mr. ~~these~~Gilmore ~~subsidies,~~will be in addition to the ~~qualifying~~regular ~~capital~~compensation ~~expenditures~~Mr. ~~must~~Gilmore bereceives ~~incurred~~as ina ~~accordance~~director ~~with~~and ~~the~~chairman ~~extended~~of ~~deadlines~~the ~~described~~audit ~~above~~committee. ~~CLC~~The ~~requested~~additional ~~the~~compensation ~~extended~~will ~~deadlines~~not ~~because~~be itpaid with ~~was~~respect ~~not~~to inany day on which a ~~position~~meeting ~~to incur~~of the ~~required~~audit ~~capital~~committee ~~expenditures~~was inor ~~accordance~~is ~~with~~held, and Mr. Gilmore will receive only the ~~deadlines~~regular ~~previously~~per ~~imposed~~meeting compensation established by the ~~conditions~~Board of ~~the~~Directors ~~subsidies.~~for standing committee meetings for any such day.

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.

MK RESOURCES COMPANY

/s/ John C. Farmer

John C. Farmer

Chief Financial Officer and Secretary

Date: June 821, 2005

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