Washington, D.C.  20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF
1934
December 19, 2001
Date of Report Earliest Reported Event
is 
December 18, 2001
THE GOLDFIELD CORPORATION
(Exact Name of Registrant as
Specified in Charter)
Delaware
(State or Other
Jurisdiction of
Incorporation)
 
1-7525                                                       88-0031580
(Commission File Number)                 (IRS Employer Identification No.)
 
100 Rialto Place, Suite 500,
Melbourne, Florida        32901  
(Address of principal
executive offices)                     (Zip
code)

Registrants
telephone number, including area code   (321) 724-1700  





Item 5.   Other Events.

On December 18, 2001, the Registrant announced that it is considering  strategic moves, including
the possible divestiture of its mining operation.  The Registrants Press Release dated
December 18, 2001 is filed as Exhibit 99-1.
 
Item 7.   Financial Statements and Exhibits

        {c}  Exhibits. The following documents are filed as
exhibits to this current report.
        99-1 Registrants press
release dated December 18, 2001.

SIGNATURE

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.

Date:  December 19, 2001
                                                                       
THE GOLDFIELD CORPORATION



                                                                          By:      /s/
Stephen R. Wherry
                                                                         Stephen R. Wherry,
Vice President, Finance and 
                                                                        
Chief Financial Officer (Principal Financial Officer),
                                                                         
Treasurer and Principal Accounting Officer