UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                              _____________________

                                   FORM 10QSB

                    Under Section 12(b) or Section 12(g) of
                      The Securities Exchange Act of 1934
                      for the quarter ended June 30, 2003

                              TREND MINING COMPANY
                 (Name of Small Business Issuer in its Charter)

                Delaware                                   81-0304651
     (State or Other Jurisdiction of                    (I.R.S. Employer
      Incorporation or Organization)                   Identification No.)


                            4881 East Shoreline Drive
                            Post Falls, Idaho 83854

                    (Address of principal executive office)

                    Issuer's telephone number: (208) 773-2250


          Securities to be registered under Section 12(b) of the Act:

                                      None
                                (Title of Class)

          Securities to be registered under Section 12(g) of the Act:

                             Common par value $0.01
                                (Title of Class)

================================================================================
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding  12  months  (or  for such shorter period that the registrant was
required  to  file  such  reports),  and  (2)  has  been  subject to such filing
requirements  for  the  past  90  days.

Yes  [ x ]  No  [   ]

The number of shares outstanding at June 30, 2003:  30,163,874 shares


<PAGE>
================================================================================




                              TREND MINING COMPANY
                         (AN EXPLORATION STAGE COMPANY)
                              FINANCIAL STATEMENTS
                                  JUNE 30, 2003





================================================================================


<PAGE>
================================================================================
                              TREND MINING COMPANY




FINANCIAL STATEMENTS

     Balance Sheets                                                1

     Statements of Operations                                      2

     Statements of Cash Flows                                      3


CONDENSED NOTES TO THE FINANCIAL STATEMENTS                        4


<PAGE>
Board of Directors
Trend Mining Company
Post Falls, Idaho

                           ACCOUNTANT'S REVIEW REPORT
                           --------------------------

We  have  reviewed  the  accompanying  balance  sheet  of  Trend  Mining Company
(formerly Silver Trend Mining Company) (an exploration stage company) as of June
30,  2003,  and  the  related  statements  of operations and comprehensive loss,
stockholders'  equity  (deficit),  and  cash  flows for the three and six months
ended  June 30, 2003 and 2002 and for the period from October 1, 1996 (inception
of  exploration  stage)  to  June  30,  2003.  All information included in these
financial  statements  is  the  representation of the management of Trend Mining
Company.

We conducted our review in accordance with standards established by the American
Institute  of  Certified  Public  Accountants.  A  review  of  interim financial
information  consists principally of applying analytical procedures to financial
data  and  making  inquiries of persons responsible for financial and accounting
matters.  It  is  substantially  less  in scope than an audit in accordance with
auditing  standards  generally  accepted  in  the  United States of America, the
objective  of  which  is  the  expression  of an opinion regarding the financial
statements taken as a whole. Accordingly, we do not express such an opinion.

Based  on our review, we are not aware of any material modifications that should
be  made  to  the  accompanying  financial statements in order for them to be in
conformity with accounting principles generally accepted in the United States of
America.

The  financial  statements for the year ended September 30, 2002 were audited by
us  and we expressed an unqualified opinion on them in our report dated December
02, 2002. We have not performed any auditing procedures since that date.

The  accompanying  financial  statements  have  been  prepared assuming that the
Company  will  continue  as  a  going  concern.  As  discussed  in Note 2 to the
financial  statements,  the  Company's  significant  operating  losses  raise
substantial  doubt  about  its  ability  to  continue  as  a  going  concern.
Management's  plans regarding the resolution of this issue are also discussed in
Note  2.  The  financial  statements  do  not include any adjustments that might
result  from  the  outcome  of  this  uncertainty.



Williams & Webster, P.S.
Certified Public Accountants
Spokane, Washington
August 15, 2003


<PAGE>
<TABLE>
<CAPTION>
                                       TREND MINING COMPANY
                                  (AN EXPLORATION STAGE COMPANY)
                                          BALANCE SHEETS


                                                                       June 30,
                                                                         2003       September 30,
                                                                     (unaudited)        2002
                                                                     ------------  ---------------
<S>                                                                  <C>           <C>
ASSETS

CURRENT ASSETS
  Cash                                                               $     3,425   $        2,281
  Marketable securities                                                  126,251                -
                                                                     ------------  ---------------
    TOTAL CURRENT ASSETS                                                 129,676            2,281
                                                                     ------------  ---------------
MINERAL PROPERTIES                                                             -                -
                                                                     ------------  ---------------
PROPERTY AND EQUIPMENT, net of depreciation                               17,905           25,929
                                                                     ------------  ---------------
OTHER ASSETS
  Investments                                                                  -              250
                                                                     ------------  ---------------
TOTAL ASSETS                                                         $   147,581   $       28,460
                                                                     ============  ===============
LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES
  Accounts payable                                                   $   140,190   $      492,250
  Accrued expenses                                                        58,500          100,542
  Interest payable                                                       114,099           52,298
  Loans payable to stockholders                                        1,032,858        1,062,358
  Other loans payable - related party                                      3,300                -
  Current portion of long-term debt                                        2,117            2,897
                                                                     ------------  ---------------
    TOTAL CURRENT LIABILITIES                                          1,351,064        1,710,345
                                                                     ------------  ---------------

LONG-TERM DEBT, net of current portion                                    10,384           12,161
                                                                     ------------  ---------------
COMMITMENTS AND CONTINGENCIES                                                  -                -
                                                                     ------------  ---------------
STOCKHOLDERS' DEFICIT
  Preferred stock,  $0.01 par value, 20,000,000 shares
    authorized; 0 and 1 share issued and outstanding, respectively             -                -
  Common stock,  $0.01 par value, 100,000,000
    shares authorized; 30,163,874 and 22,588,435 shares
    issued and outstanding, respectively                                 301,639          225,884
  Additional paid-in capital                                           5,783,692        5,012,134
  Stock options and warrants                                           1,383,042        1,383,042
  Pre-exploration stage accumulated deficit                             (558,504)        (558,504)
  Accumulated deficit during exploration stage                        (8,123,736)      (7,756,602)
                                                                     ------------  ---------------
    TOTAL STOCKHOLDERS' DEFICIT                                       (1,213,867)      (1,694,046)
                                                                     ------------  ---------------
TOTAL LIABILITIES AND
  STOCKHOLDERS' DEFICIT                                              $   147,581   $       28,460
                                                                     ============  ===============
</TABLE>


    The accompanying condensed notes are an integral part of these financial
                                  statements.


                                        1
<PAGE>
<TABLE>
<CAPTION>
                                                  TREND MINING COMPANY
                                             (AN EXPLORATION STAGE COMPANY)
                                                STATEMENTS OF OPERATIONS


                                                                                                        Period from
                                                                                                      October 1, 1996
                                                                                                      (Inception of
                                          Three Months    Three Months   Nine Months   Nine Months   Exploration Stage)
                                             Ended            Ended         Ended         Ended              to
                                            June 30,        June 30,       June 30,      June 30,         June 30,
                                              2003            2002           2003          2002             2003
                                           (unaudited)     (unaudited)    (unaudited)  (unaudited)      (unaudited)
                                        ----------------  -------------  ------------  ------------  ------------------
<S>                                     <C>               <C>            <C>           <C>           <C>
REVENUES                                              -              -             -             -                   -
                                        ----------------  -------------  ------------  ------------  ------------------

EXPENSES
  Exploration expense                                 -          5,813        58,979       788,766           2,823,766
  General and administrative                     73,267         14,351       303,413       294,719           2,099,304
  Officers and directors compensation            11,607         31,189        48,515        90,596           1,290,655
  Legal and professional                          5,954          2,245        40,706        30,246           1,129,978
  Depreciation                                    2,628          2,853         8,024         5,883              46,410
                                        ----------------  -------------  ------------  ------------  ------------------
    Total Expenses                               93,456         56,451       459,637     1,210,210           7,390,113
                                        ----------------  -------------  ------------  ------------  ------------------

OPERATING LOSS                                  (93,456)       (56,451)     (459,637)   (1,210,210)         (7,390,113)
                                        ----------------  -------------  ------------  ------------  ------------------

OTHER INCOME (EXPENSE)
  Dividend and interest income                        -              -             -             -               6,398
  Gain (loss) on disposition and                      -              -             -           500            (179,854)
     impairment of assets
  Gain (loss) on investments                      3,666              -        32,833             -             (20,939)
  Financing expense                                   -        (39,566)            -      (107,295)           (911,513)
  Interest expense                              (21,483)       (24,884)      (62,684)      (73,295)           (202,488)
  Miscellaneous income                                -          5,911             -         7,927              10,345
  Forgiveness of debt                                 -              -       122,354             -             564,428
                                        ----------------  -------------  ------------  ------------  ------------------
    Total Other Income (Expense)                (17,817)       (58,539)       92,503      (172,163)           (733,623)
                                        ----------------  -------------  ------------  ------------  ------------------

LOSS BEFORE INCOME TAXES                       (111,273)      (114,990)     (367,134)   (1,382,373)         (8,123,736)

INCOME TAXES                                          -              -             -             -                   -

                                        ----------------  -------------  ------------  ------------  ------------------
NET LOSS                                       (111,273)      (114,990)     (367,134)   (1,382,373)         (8,123,736)
                                        ================  =============  ============  ============  ==================

BASIC AND DILUTED NET LOSS PER SHARE                nil          (0.01)        (0.01)        (0.07)
                                        ================  =============  ============  ============

WEIGHTED AVERAGE NUMBER OF
  COMMON SHARES OUTSTANDING                  30,147,207     20,072,185    27,535,365    19,260,193
                                        ================  =============  ============  ============
</TABLE>


    The accompanying condensed notes are an integral part of these financial
                                  statements.


                                        2
<PAGE>
<TABLE>
<CAPTION>
                                                  TREND MINING COMPANY
                                             (AN EXPLORATION STAGE COMPANY)
                                                STATEMENTS OF CASH FLOWS


                                                                                                        Period from
                                                                                                      October 1, 1996
                                                                                                       (Inception of
                                                                      Nine Months      Nine Months   Exploration Stage)
                                                                         Ended            Ended              to
                                                                       June 30,         June 30,          June 30,
                                                                         2003             2002              2003
                                                                      (unaudited)      (unaudited)      (unaudited)
                                                                   -----------------  -------------  -------------------
<S>                                                                <C>                <C>            <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss                                                         $       (367,134)  $ (1,382,373)  $       (8,123,736)
  Adjustments to reconcile net loss to net cash
    used by operating activities:
    Depreciation                                                              8,024          5,883               46,410
    (Gain) loss on investments                                              (32,833)             -               26,095
    Loss on disposition and impairment of assets                                  -              -              188,226
    Gain on sale of mineral property claims for securities                        -           (500)                (500)
    Gain on trade-in of property and equipment                                    -         (5,641)              (7,872)
    Gain on forgiveness of debt                                            (122,354)             -             (564,428)
    Interest expense forgiven by shareholders                                     -         13,807               23,566
    Common stock issued for services and expenses                           174,645         90,943              808,194
    Common stock issued for payables                                              -         31,895               31,895
    Common stock issued for incentive fees                                        -              -               21,544
    Common stock and options issued as compensation                               -         29,528              721,119
    Common stock and warrants issued to                                           -        770,000            1,114,873
      acquire mineral properties
    Stock options and warrants issued for financing activities                    -         71,103              822,257
    Warrants issued for consulting fees                                           -              -              170,521
    Investment traded for services                                                -              -               22,539
  Changes in assets and liabilities:
    Inventory                                                                     -              -                3,805
    Accounts payable                                                       (229,706)       (94,870)             797,683
    Accrued expenses                                                        (42,042)        19,636              (15,685)
    Interest payable                                                         61,801         32,509               84,956
                                                                   -----------------  -------------  -------------------
  Net cash used by operating activities                                    (549,599)      (418,080)          (3,828,538)
                                                                   -----------------  -------------  -------------------

CASH FLOWS FROM INVESTING ACTIVITIES:
    Proceeds from sale of equipment                                               -              -               35,126
    Proceeds from sale of mineral property                                        -              -               20,000
    Purchase of furniture and equipment                                           -              -              (41,695)
    Proceeds from investments sold                                                -              -              101,430
                                                                   -----------------  -------------  -------------------
  Net cash provided by investing activities                                       -              -              114,861
                                                                   -----------------  -------------  -------------------

CASH FLOWS FROM FINANCING ACTIVITIES:
    Payments on notes payable and short-term borrowings                      (2,557)        (3,875)             (11,313)
    Sale of warrants for common stock                                             -              -               10,000
    Proceeds from short-term borrowings                                       3,300        472,858            1,356,657
    Sale of common stock and exercise of options                            550,000              -            2,358,151
                                                                   -----------------  -------------  -------------------
  Net cash provided by financing activities                                 550,743        468,983            3,713,495
                                                                   -----------------  -------------  -------------------

NET INCREASE (DECREASE) IN CASH                                               1,144         50,903                 (182)

CASH, BEGINNING OF PERIOD                                                     2,281         24,954                3,607
                                                                   -----------------  -------------  -------------------

CASH, END OF PERIOD                                                $          3,425   $     75,857   $            3,425
                                                                   =================  =============  ===================

SUPPLEMENTAL CASH FLOW INFORMATION:
  Interest paid                                                    $            883   $        852   $            4,395
  Income taxes paid                                                $              -   $          -   $                -

NON-CASH FINANCING AND INVESTING ACTIVITIES:
  Common stock and warrants issued to acquire mineral properties   $              -   $    770,000   $        1,114,873
  Common stock issued for acquisition of mining equipment          $              -   $          -   $          180,000
  Common stock issued for services and expenses                    $        174,645   $     90,943   $          808,194
  Common stock issued for investment                               $         93,168   $          -   $          160,168
  Common stock issued for debt                                     $         29,500   $     31,895   $          236,737
  Common stock and options issued as compensation                  $              -   $     29,528   $          721,119
  Stock options  and warrants issued for financing activities      $              -   $     71,103   $          822,257
  Warrants issued for consulting fees                              $              -   $          -   $          170,521
  Deferred acquisition costs on mining property                    $              -   $          -   $           46,242
  Purchase of equipment with financing agreement                   $              -   $      5,127   $           21,814
  Investments received for mineral property                        $              -   $        500   $            5,500
  Investments traded for services                                  $              -   $          -   $           22,539
  Equipment for loans payable                                      $              -   $          -   $            4,500
</TABLE>


    The accompanying condensed notes are an integral part of these financial
                                  statements.


                                        3
<PAGE>
                              TREND MINING COMPANY
                          (AN EXPLORATION STAGE COMPANY)
                   CONDENSED NOTES TO THE FINANCIAL STATEMENTS
                                  JUNE 30, 2003


NOTE  1  -  BASIS  OF  PRESENTATION  OF  UNAUDITED INTERIM FINANCIAL INFORMATION

The accompanying unaudited financial statements have been prepared in accordance
with  accounting  principles  generally accepted in the United States of America
for  interim  financial statements and with instructions to Form 10-QSB pursuant
to  the  rules  and  regulations  of  the  Securities  and  Exchange Commission.
Accordingly,  they  do not include all of the information required by accounting
principles  generally  accepted  in  the  United  States of America for complete
financial  statements.  The  accompanying financial statements should be read in
conjunction with the audited financial statements of the Company included in the
Company's  September  30,  2002  Annual  Report  on  Form  10-KSB.

In  the  opinion  of  management,  all  adjustments,  consisting  only of normal
recurring  accruals  considered  necessary  for  a  fair presentation, have been
included.  The  results  of  operations for the nine-month period ended June 30,
2003  are not necessarily representative of operating results to be expected for
the  entire  fiscal  year.

NOTE  2  -  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

This  summary  of  significant  accounting  policies  is  presented to assist in
understanding  the Company's financial statements.  The financial statements and
notes  rely on the integrity and objectivity of the Company's management.  These
accounting  policies  conform to accounting principles generally accepted in the
United  States  of America and have been consistently applied in the preparation
of  the  financial  statements.

Estimates
---------
The preparation of financial statements in conformity with accounting principles
generally  accepted  in the United States of America requires management to make
estimates  and  assumptions  that  affect  the  reported  amounts  of assets and
liabilities  and  disclosure of contingent assets and liabilities at the date of
the  financial  statements  and  the  reported  amounts of revenues and expenses
during  the reporting period.  Actual results could differ from those estimates.

Going  Concern
--------------
As shown in the accompanying financial statements, the Company has limited cash,
has  negative  working  capital,  has  no  revenues,  has incurred a net loss of
$367,134  for  the  period ended June 30, 2003 and has an accumulated deficit of
$8,682,240.  These  factors  indicate that the Company may be unable to continue
in  existence  in  the  absence  of receiving additional funding.  The financial
statements  do  not  include  any  adjustments related to the recoverability and
classification  of  recorded  assets,  or  the  amounts  and  classification  of
liabilities  that might be necessary in the event the Company cannot continue in
existence.  The  Company  is  actively  seeking  additional capital.  Management
believes  that additional stock can be sold to enable the Company to continue to
fund  its  property acquisition and platinum group metals exploration activities
and thus, to continue to operate based on current expense projections.  However,
management  is  unable  to  provide  assurances  that  it  will be successful in
obtaining  sufficient  sources  of  capital.

Recent  Accounting  Pronouncements
----------------------------------
In  May  2003,  the  Financial  Accounting  Standards  Board issued Statement of
Financial  Accounting  Standards  No.  150,  "Accounting  for  Certain Financial
Instruments  with  Characteristics  of Both Liabilities and Equity" (hereinafter
"SFAS  No.  150").  SFAS  No.  150  establishes  standards  for  classifying and
measuring certain financial instruments with characteristics of both liabilities
and  equity  and requires that those instruments be classified as liabilities in
statements  of  financial  position.  Previously,  many  of  those


                                        4
<PAGE>
                              TREND MINING COMPANY
                          (AN EXPLORATION STAGE COMPANY)
                   CONDENSED NOTES TO THE FINANCIAL STATEMENTS
                                  JUNE 30, 2003


NOTE  2  -  ACCOUNTING  POLICIES  (CONTINUED)

Recent  Accounting  Pronouncements  (continued)
-----------------------------------------------
instruments  were  classified as equity. SFAS No. 150 is effective for financial
instruments  entered  into  or  modified  after  May  31,  2003 and otherwise is
effective  at the beginning of the first interim period beginning after June 15,
2003.  The  Company  has  not  yet determined the impact of the adoption of this
statement.

In  April  2003,  the  Financial  Accounting Standards Board issued Statement of
Financial  Accounting  Standards  No.  149,  "Amendment  of  Statement  133  on
Derivative  Instruments  and  Hedging  Activities" (hereinafter "SFAS No. 149").
SFAS  No.  149  amends  and clarifies the accounting for derivative instruments,
including  certain  derivative  instruments embedded in other contracts, and for
hedging  activities  under  SFAS No. 133, "Accounting for Derivative Instruments
and  Hedging Activities". This statement is effective for contracts entered into
or  modified  after June 30, 2003 and for hedging relationships designated after
June  30,  2003. The adoption of SFAS No. 149 is not expected to have a material
impact on the financial position or results of operations of the Company.

In  January  2003,  the  Financial  Accounting  Standards  Board  issued  FASB
Interpretation  No.  46  "Consolidation  of  Variable  Interest  Entities,  an
Interpretation  of  ARB No. 51" (hereinafter "FIN 46").  FIN 46 requires certain
variable  interest entities to be consolidated by the primary beneficiary of the
entity  if the equity investors in the entity do not have the characteristics of
a  controlling  financial  interest or do not have sufficient equity at risk for
the  entity  to finance its activities without additional subordinated financial
support  from  other parties.  FIN 46 is effective for all new variable interest
entities  created  or acquired after January 31, 2003.  The provisions of FIN 46
must  be applied for the first interim or annual period beginning after June 15,
2003.  The  Company  does  not  have any entities that require disclosure or new
consolidation  as  a  result  of  adopting  the  provisions  of  FIN  46.

In  December  2002,  the  Financial  Accounting  Standards Board ("FASB") issued
Statement of Financial Accounting Standards No. 148, "Accounting for Stock-Based
Compensation - Transition and Disclosure" ("SFAS No. 148").  SFAS No. 148 amends
SFAS  No. 123, "Accounting for Stock-Based Compensation," to provide alternative
methods  of  transition for an entity that voluntarily changes to the fair value
based  method  of accounting for stock-based employee compensation. In addition,
it  also  amends  the disclosure provisions of SFAS No. 123 to require prominent
disclosure  about  the  effects on reported net income of an entity's accounting
policy decisions with respect to stock-based employee compensation. SFAS No. 148
also  amends  APB  Opinion  No.  28,  "Interim  Financial Reporting," to require
disclosure  about  the  effect  in  interim financial information.  Prior to the
issuance  of  SFAS  No.  148, the Company adopted the fair value based method of
accounting for stock-based employee compensation.  Thus, the Company's financial
reporting  will  not  be  significantly  effected  by  SFAS  No.  148.

In  November  2002,  the  FASB  issued  FASB  Interpretation  ("FIN")  No.  45,
"Guarantor's  Accounting  and  Disclosure Requirements for Guarantees, Including
Indirect  Guarantees."  FIN  45  elaborates  on  the disclosures to be made by a
guarantor  in  its interim and annual financial statements about its obligations
under certain guarantees that it has issued.  It also clarifies that a guarantor
is  required  to recognize, at the inception of a guarantee, a liability for the
fair  value  of the obligation undertaken in issuing the guarantee.  FIN 45 does
not  prescribe  a  specific  approach for subsequently measuring the guarantor's
recognized  liability  over  the  term  of  the  related  guarantee.  It  also
incorporates,  without  change,  the  guidance  in  FASB  Interpretation No. 34,
Disclosure  of  Indirect  Guarantees  of  Indebtedness of Others, which is being
superseded.  FIN No. 45 has had no impact on the Company's financial position or
results  of  operations  as  the  Company  has  not  entered  into  any  of  the
aforementioned  transactions.


                                        5
<PAGE>
                              TREND MINING COMPANY
                          (AN EXPLORATION STAGE COMPANY)
                   CONDENSED NOTES TO THE FINANCIAL STATEMENTS
                                  JUNE 30, 2003


NOTE  3  -  MINERAL  PROPERTIES

The following describes the Company's significant mineral properties:

Wyoming  Properties
-------------------
During  the  year  ended  September 30, 1999, the Company entered into an option
agreement  with  General  Minerals  Corporation ("GMC") to acquire the Lake Owen
Project  located in Albany County, Wyoming.  The agreement with GMC entitled the
Company to receive 104 unpatented mining claims in exchange for 15,996 shares of
common  stock,  $40,000 in cash to be paid in four quarterly payments of $10,000
and  $750,000  in  exploration  expenditure  commitments  to  be incurred over a
three-year option period.  In May 2000, the Company issued an additional 129,938
shares of common stock under this agreement for the acquisition of the Lake Owen
Project.

The  Company  and  GMC  subsequently  entered into an amendment to the agreement
under  which  (i)  the Company issued 416,961 shares of common stock to GMC upon
GMC's  exercise  of  preemptive  rights,  (ii)  the Company agreed to perform an
additional  $15,000  of  geophysical  work  on  the  Lake  Owen Project prior to
December  31,  2000  (subsequently  modified),  (iii) the Company issued 200,000
additional  shares  and warrants exercisable until June 2002 to purchase 200,000
shares at $0.70 per share, and (iv) GMC agreed to terminate its antidilution and
preemptive  rights  as  provided  in  the  original  agreement.  The Company has
expensed $295,873 for cash paid and common stock issued to acquire this project.
The  200,000  warrants  have  expired.

The Company has obtained an additional 497 unpatented mining claims in an agreed
area  of  interest  near  the  Lake  Owen  Project.

In  March  2002, the Company issued 1,100,000 shares, valued at $770,000 in full
satisfaction  of  cash  commitments  relating  to  exploration  activities.  The
issuance of these shares resulted in the full ownership of the Lake Owen Project
property.

The  Company  also  staked  and  claimed  six claims known as the Albany Project
during  the  year  ended September 30, 1999.  These claims are located in Albany
County,  Wyoming.

The Company additionally staked and claimed 42 unpatented mining claims known as
the Spruce Mountain claims, 159 unpatented mining claims known as the Centennial
West  claims  (dropped on September 1, 2002), 34 unpatented mining claims at the
Douglas  Creek  property  and 121 unpatented mining claims known as the Keystone
property.  These claims are also located in Albany County, Wyoming.  As of March
31,  2003,  the  Company  owns a total of 804 unpatented mining claims in Albany
County,  Wyoming.

Montana  Properties
-------------------
In  March 2000, the Company entered into a three-year lease and option agreement
under  which it had the right to acquire a 100% interest in the Intrepid claims.
Upon  entering  into  the agreement, the Company paid the claim owners $5,800 in
cash  and  100,000 shares of common stock.  In the Company's acquisition of this
option, it expensed $97,140 for cash paid and common stock issued.

Under  the  agreement,  the  Company  was obligated to incur minimal exploration
expenditures  of  $10,000  by  September  30, 2001, $15,000 by March 4, 2002 and
$15,000  by  March  4,  2003.  In  addition,  the Company agreed to make advance
royalty  payments  of  $10,000  by  March  4, 2001, $25,000 by March 4, 2002 and
$35,000  each year thereafter.  In March 2001, the Company and the claim holders
agreed  to  replace  the  March  $10,000  advance  royalty payment with a $9,000
payment  due  May  11,  2001.  In  connection


                                        6
<PAGE>
                              TREND MINING COMPANY
                          (AN EXPLORATION STAGE COMPANY)
                   CONDENSED NOTES TO THE FINANCIAL STATEMENTS
                                  JUNE 30, 2003


NOTE  3  -  MINERAL  PROPERTIES  (CONTINUED)

Montana  Properties  (continued)
--------------------------------
with  this  agreement,  the Company issued to the holders 3,000 shares of common
stock on March 11, 2001 with an aggregate value of $2,340.

Following  this  agreement, the Company was unable to make the May 11th payment.
On  May  24,  2001,  the  claim  holders agreed to a modification to continue to
extend this payment initially to June 5th, but this payment was also not made as
scheduled.  The Company issued an additional 1,000 shares with value of $850 and
paid  $1,000  in  cash  per  the  terms  of  the modification, which reduced the
outstanding  $9,000  payment  to  $8,000.  By  September  30,  2001, the Company
abandoned  all  of  its  interests  in  the  Intrepid  claims.

Other properties in Montana include the Vanguard Project and the McCormick Creek
Project, which is in Missoula County.  In 2000, the Company staked 121 claims in
regards  to  the  Vanguard  Project  and  explored  and staked 36 claims for the
McCormick  Creek  Project.  By September 30, 2001, the Company had abandoned all
of  its  interests  in  the  Vanguard  Project.

During  the  year  ended  September 30, 2000, the Company located and staked 211
claims  in Stillwater County Montana.  During the year ended September 30, 2001,
172  claims  were staked and added, and 304 claims were abandoned.  In September
2002,  the  Company  abandoned  all  of  its  interests in the Stillwater County
claims.

During  the year ended September 30, 2002, the Company entered into an agreement
in  which the Company acquired a 100% interest in four mineral leases covering a
total  of  920  acres  in  Sanders  County,  Montana.

Oregon  Property
----------------
During  the year ended September 30, 1999, the Company entered into an agreement
in  which  it  would  explore  and  stake five claims located in Jackson County,
Oregon  known as the Shamrock property.  All transactions were completed and the
Company  acquired  title  to  these  claims.  On  September 1, 2002, the Company
abandoned  all  of  its  interests  in  the  Jackson  County  claims.

Nevada  Properties
------------------
During  the year ended September 30, 1999, the Company entered into an agreement
whereby  Mountain  Gold Exploration would explore and stake claims, transferring
title  to  the Company upon completion thereof.  Transactions were finalized for
13  claims  known  as  the  Hardrock  Johnson  Property located in Clark County,
Nevada.

During  March of 2000, the Company located and staked 31 unpatented claims known
as  the  Willow Springs claims.  These claims are located in Nye County, Nevada.
On  September  1, 2002, the Company abandoned all of its interests in the Willow
Springs  claims.

In  1979,  the  Company  acquired  the  Pyramid  Mine,  which  consists  of five
unpatented  lode mining claims within the Walker Indian Reservation near Fallon,
Nevada.  Pursuant  to  an  impairment  analysis  performed  by  the Company, the
Company wrote off its $70,333 investment in the Pyramid Mine, effective prior to
the  inception  of  the  Company's  exploration  stage.

The  Company sold the Pyramid Mine claims on November 12, 2001 to Calumet Mining
Company,  a  related  party, for 50,000 shares of common stock of Calumet Mining
Company.  This  company's stock was subsequently acquired by Western Goldfields,
Inc.  on  a  1  for  2  basis.  As  a  result,  the  Company  now


                                        7
<PAGE>
                              TREND MINING COMPANY
                          (AN EXPLORATION STAGE COMPANY)
                   CONDENSED NOTES TO THE FINANCIAL STATEMENTS
                                  JUNE 30, 2003


NOTE  3  -  MINERAL  PROPERTIES  (CONTINUED)

Nevada  Properties  (continued)
-------------------------------
holds 25,000 shares of Western Goldfields, Inc.  The Company retained a 1.5% net
smelter return production royalty interest in the Pyramid Mine.  See Notes 6 and
8.
California  Properties
----------------------
In mid-2000, the Company acquired 79 unpatented mining claims, known as the Pole
Corral  property,  in  Tehema  County,  California.  On  September  1, 2002, the
Company abandoned all of its interests in the Pole Corral property.

Canadian  Property
------------------
In August 2000, the Company entered into an agreement whereby Spectra Management
Corporation  would,  on  behalf  of  the  Company, explore and stake five claims
comprising  about  67,000  acres in northern Saskatchewan.  This property is now
known as the Peter Lake Claims.  The Company abandoned these claims in September
2002.  In  December  2002,  the  Company  restaked  these  claims.  Exploration
commitments  totaling $268,000 must be completed by December 2004 as a condition
of  acquiring  these  claims.

Idaho  Property
----------------
The  Company  owned  the Silver Strand Mine in Idaho until it was disposed of in
July  2001.  The  Company  initially  entered  into an agreement with New Jersey
Mining  Company ("New Jersey") whereby the Company received 50,000 shares of New
Jersey's  restricted  common  stock  in exchange for New Jersey's opportunity to
earn  a  100%  interest  less  a net smelter royalty in the Company's unpatented
claims  in  Kootenai  County,  Idaho.  In July 2001, the Company quitclaimed any
remaining interest in the Silver Strand property to Mine Systems Design, Inc. in
exchange  for  cancellation of $22,539 of outstanding invoices due Mine Systems.
The  Company  also transferred 50,000 shares of New Jersey stock to Mine Systems
Design  as  part  of  this  settlement.

NOTE  4  -  COMMON  STOCK

During  the  nine-month period ended June 30, 2003, the Company issued 5,500,000
shares  of  common  stock  for  $550,000  cash, 1,256,279 shares of common stock
valued  at  $174,645 for consulting services, 450,000 shares of common stock for
investments  valued  at  $93,168,  and  369,160 shares of common stock for loans
payable  of  $29,500.

NOTE  5  -  RELATED  PARTY  TRANSACTIONS

Investments
-----------
In  January  2003,  the Company exchanged 450,000 shares of its common stock for
18,334 shares of common stock in Cadence Resources Corporation and 35,000 shares
of  common  stock  in  Western  Goldfields, Inc.  The chief financial officer of
Trend  Mining  Company  is  also an officer of Cadence Resources Corporation and
Western Goldfields, Inc. See Note 10 for subsequent sales of investments.


                                        8
<PAGE>
                              TREND MINING COMPANY
                          (AN EXPLORATION STAGE COMPANY)
                   CONDENSED NOTES TO THE FINANCIAL STATEMENTS
                                  JUNE 30, 2003


NOTE  5  -  RELATED  PARTY  TRANSACTIONS  (CONTINUED)

Shareholder  Loans  Payable
---------------------------
The following is a listing of shareholder loans outstanding at June 30, 2003 and
September  30,  2002,  respectively:

<TABLE>
<CAPTION>
                                              June 30,   September 30,
Shareholder                         Date        2003          2002
-------------------------------  ----------  ----------  --------------
<S>                              <C>         <C>         <C>
Electrum LLC                      11/6/2000  $   35,000  $       35,000
                                  12/4/2000     100,000         100,000
                                 12/18/2000      50,000          50,000
                                  1/26/2001      50,000          50,000
                                  3/15/2001      50,000          50,000
                                  4/10/2001      50,000          50,000
                                   5/4/2001      50,000          50,000
                                   6/4/2001      50,000          50,000
                                   7/3/2001      85,000          85,000
                                  1/31/2002     150,000         150,000
                                             ----------  --------------
                                                670,000         670,000
                                             ----------  --------------

LCM Holdings, LLC                10/26/2001      50,000          50,000
                                  11/1/2001      10,000          10,000
                                 11/15/2001      30,000          30,000
                                 11/28/2001      29,445          29,445
                                   5/7/2002      60,000          60,000
                                  5/22/2002      35,000          35,000
                                  6/14/2002      18,413          18,413
                                             ----------  --------------
                                                232,858         232,858
                                             ----------  --------------

Berger                            8/28/2001      90,000          90,000
                                  10/2/2001      10,000          10,000
                                             ----------  --------------
                                                100,000         100,000
                                             ----------  --------------

Buchanan                           1/8/2002      30,000          30,000
                                             ----------  --------------

Crosby                            8/14/2001           -          20,000
                                             ----------  --------------

Hoffman                            9/7/2001           -           9,500
                                             ----------  --------------

Total shareholder loans payable              $1,032,858  $    1,062,358
                                             ==========  ==============
</TABLE>


The loans from Electrum, LCM Holdings, LLC, Berger and Buchanan bear interest at
8%  per  annum  and  are  due  upon the Company's completion of a private equity
placement  and  concurrently  and  proportionally  with  any  amounts  repaid to
Electrum  LLC  or  any  others  having  provided  similar  loans to the Company.

Other  Loans  Payable
---------------------
During  the period ended June 30, 2003, Cadence Resources Corporation loaned the
Company $3,300. Subsequently, this amount has been repaid. See Note 10.


                                        9
<PAGE>
                              TREND MINING COMPANY
                          (AN EXPLORATION STAGE COMPANY)
                   CONDENSED NOTES TO THE FINANCIAL STATEMENTS
                                  JUNE 30, 2003


NOTE  5  -  RELATED  PARTY  TRANSACTIONS  (CONTINUED)

Employment  Agreement
---------------------
In  July  2000,  the  Company entered into an employment agreement with Mr. John
Ryan,  then the chief financial officer, secretary and treasurer of the Company,
under which Mr. Ryan was to receive 3,000 shares per month of Trend common stock
as compensation for his services.  When Mr. Ryan resigned in December 2000, this
agreement  was  terminated.  In  July 2001, Mr. Ryan was again designated as the
Company's  chief  financial  officer,  secretary  and  treasurer.  A  revised
employment  agreement was reached under which Mr. Ryan received 7,500 shares per
month  of  the  Company's  common  stock, and such agreement was in effect until
August  2002.  Beginning  in September 2002, Mr. Ryan's agreement was revised to
$3,000  cash  per  month.

NOTE  6  -  INVESTMENTS

The  Company's  securities  investments are classified as trading securities and
are recorded at fair value as of the balance sheet date, with the change in fair
value  during  the  period  included  in  earnings.

In  January  2003,  the  Company  acquired  shares  of  common  stock in Cadence
Resources Corporation and Western Goldfields, Inc.  See Note 5.  See Note 10 for
subsequent  sales  of  investments.

The Company's investments are summarized as follows:

<TABLE>
<CAPTION>
                                      June 30,   September 30,
                                        2003          2002
                                     ----------  --------------
<S>                                  <C>         <C>
Fair value:
    Cadence Resources Corporation    $  30,251   $            -
    Western Goldfields, Inc.            96,000              250
                                     ----------  --------------
Total fair value                       126,251              250
Gross unrealized (gain)                (32,833)               -
                                     ----------  --------------
Cost                                 $  93,418   $          250
                                     ==========  ==============
</TABLE>


NOTE  7  -  FORGIVENESS  OF  DEBT

In December 2002, the Company and a vendor settled outstanding invoices totaling
$272,354 in exchange for $150,000 in cash.  This resulted in forgiveness of debt
of  $122,354,  which  is  recorded  as  other  income.

NOTE  8  -  COMMITMENTS  AND  CONTINGENCIES

Lease  Agreements
-----------------
During the period ended December 31, 2000, the Company entered into a three-year
lease  for  its executive offices in Coeur d'Alene, Idaho.  In January 2002, the
Company  decreased  its  occupancy  space  and  effectively  lowered its monthly
payment  from  $2,656 to $1,422.  As of September 1, 2002, the Company no longer
occupies  this  office  space.

In  July  2000, the Company entered into a lease agreement for additional office
facilities  in  Reno,  Nevada.  As  of September 30, 2001, the Company no longer
occupied these facilities in Nevada and stopped payment under the lease.  On May
23,  2002,  a  Nevada  court  entered  a  judgment  by  default  against  the


                                       10
<PAGE>
                              TREND MINING COMPANY
                          (AN EXPLORATION STAGE COMPANY)
                   CONDENSED NOTES TO THE FINANCIAL STATEMENTS
                                  JUNE 30, 2003


NOTE  8  -  COMMITMENTS  AND  CONTINGENCIES  (CONTINUED)

Lease  Agreements  (continued)
------------------------------
Company  in  the  total  amount  of $18,574 that bears interest at 18% per annum
until  paid  in  full.  This amount has been recorded in accounts payable on the
Company's  balance  sheet.

On  August  2,  2001,  the  Company signed a month-to-month rental agreement for
storage and office space in Dalton Gardens, Idaho.  The monthly payment is $425.

Consulting  Agreements
----------------------
Mr. Ryan has an agreement with the Company, as discussed in Note 5.

In  October  2002,  the  Company  reached a consulting agreement with Mr. Howard
Schraub.  Under  the  agreement,  the  Company  will  issue  50,000  shares  of
restricted  common  stock  per month plus additional shares of restricted common
stock  totaling  $10,000  in  value  per month for one year to the consultant in
exchange  for  services  rendered.

In  March  2003,  the  Company  reached a fee agreement with National Securities
Corporation ("NSC").  If NSC is successful in procuring investor funds on behalf
of  the  Company,  a  fee in the amount of 13% of the funds invested will become
payable  to  NSC  in  cash, and 15% of the funds invested will become payable in
warrants.

Mineral  Properties
-------------------
In  order  to  retain the Peter Lake Claims in Saskatchewan, Canada, the Company
must fulfill exploration commitments totaling $268,000 by December 2004.

NOTE  9  -  CONCENTRATION

The Company has significantly relied on Mr. Thomas Kaplan and various associated
entities  of  Mr.  Kaplan  for  operating  capital.

NOTE  10  -  SUBSEQUENT  EVENTS

During  the period ended June 30, 2003, Cadence Resources Corporation loaned the
Company  $3,300.  Subsequently,  this  amount  has  been  repaid.

In  July  2003,  the  Company  sold  10,000  shares of its investment in Cadence
Resources  Corporation  for  $8,500.  Also  in July 2003, the Company sold 5,000
shares of their investment in Western Goldfields, Inc. for $4,000.


                                       11
<PAGE>
ITEM  2.     MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OR  PLAN  OF  OPERATIONS

     Our  losses  for the three-month period ended June 30, 2003, were $111,273.
These  losses  increased  our accumulated deficit since inception of the current
exploration  stage  to $8,123,736. Our total loss since inception of the company
is  $8,682,240.  Our  third  quarter  loss is due primarily to general operating
expenses  of  $73,267.

     Our  operating  cash at the end of the quarter totaled $3,425. We also have
equity securities which are of limited liquidity and which we have began selling
in  order  to  raise  additional operating capital. At June 30, 2003, the market
value of such securities was $126,251. However, due to the limited liquidity and
in  some  cases,  restricted  nature  of  such  securities, the actual amount of
capital actually raised from any such sales may not approach this value. We have
inadequate  cash  to  continue current operations through the end of the quarter
ended  September,  2003.  Such operational uncertainty raises substantial doubts
about  our  ability  to  continue  as  a  going  concern.

     Since  February  2001,  we  have  borrowed funds principally from the major
shareholder  of the Company to fund the minimum activities of the Company. As of
December  31,  2002,  we have borrowed approximately $670,000 from Electrum LLC,
Our  largest  stockholder  pursuant  to  certain  financial  arrangements.  LCM
Holdings,  LDC,  also  a  major stockholder of the Company has loaned a total of
$232,858  to  the  Company.  In  total  the Company has borrowed $1,032,858 from
parties  affiliated  with  Tom  Kaplan,  our  major  shareholder.

     Pursuant to an agreement made as of January 30, 2002, the Company agreed to
adjust  the  conversion  terms  of the loans provided by Electrum and affiliated
parties.  This  adjustment  also  included  redefining the terms of the warrants
previously  granted  to  Electrum  and  others. The loans from Electrum LLC, LCM
Holdings,  and  several  other  affiliated  shareholders,  as  a  result of this
Agreement,  are now convertible into "units" of the Company at $0.50 per unit. A
unit  is comprised of one share of our common stock and a warrant to acquire one
share  of  common  stock  at  an  exercise  price  of $1.00, exercisable through
September  30,  2006.  In  connection  with  such  loan agreements, we have also
granted  1,032,858  warrants to purchase shares of our common stock at $1.00 per
share  that  begin  to expire September 30, 2006, and we have extended for three
years  through  September 30, 2006 the expiration date of additional warrants to
acquire  7,979,761  shares.

     We must seek additional financing from the public or private debt or equity
markets  to  continue our business activities. Under our Delaware certificate of
incorporation,  we  have  100,000,000  authorized shares of common stock and are
authorized  to  issue 20,000,000 shares of preferred stock. We currently have no
preferred  shares  issued  and  outstanding.

     There  can be no assurance that Electrum or others will continue to advance
funds  to  us  or  that  our  efforts  to  obtain  additional  financing will be
successful. Further, there can be no assurance that additional financing will be
available  on  terms  acceptable  to  the  Company.

     IF WE ARE UNABLE TO RAISE ADDITIONAL CAPITAL, WE MAY HAVE TO SUSPEND OR
----------------------------------------------------------------------------
CEASE OPERATIONS WITHIN THE NEXT THREE MONTHS.
----------------------------------------------


     During July and August 2001, we implemented plans to close the Reno, Nevada
office  and  reduce  staff. Since then we have continued to review the Company's
mineral  properties  and the expenses associated with holding such properties as
well  as  their  exploration  and development. We have implemented plans towards
further  cost-cutting  and  a  focus  on the mineral properties which we view as
having  the  greatest  potential  to  host  economic  mineralization.

     Our  primary  business  objective  for  the  near  term will be to focus on
raising  sufficient  capital to retain the mineral properties we now control. On
September  2, 2003 we will have to make land payments of about $90,000 to retain
control  of  these  properties.  At this time we have inadequate capital to make
these  payments,  and  if  we  fail  to  raise  such capital and do not make the
payments, we will lose the primary assets of the Company and will likely suspend
operations.  We  have  allocated  approximately  $20,000  per month to cover our
general  and  administrative  expenses,  accounting  and  legal fees, as well as
payments  made  to  creditors  pursuant  to  payment  arrangement  plans.

     WE HAVE INSUFFICIENT CAPITAL TO REMAIN IN BUSINESS THROUGH THE END
     ------------------------------------------------------------------
OF THE NEXT QUARTER (SEPTEMBER, 2003) UNLESS WE RAISE ADDITIONAL CAPITAL.
-------------------------------------------------------------------------

ITEM  3.  CONTROLS AND PROCEDURES.

(a)  Evaluation  of disclosure controls and procedures. Within the 90 days prior
     to  the  filing  of  this  Quarterly  Report  on Form 10-Q (the "Evaluation
     Date"),  the  Company  carried out an evaluation, under the supervision and
     with  the  participation  of  its management, including its Chief Executive
     Officer and its Chief Financial Officer, of the effectiveness of the design
     and  operation  of  the  Company's  disclosure  controls and procedures (as
     defined  in  Rules  13a-14(c)  and 15d-14(c) under the Exchange Act). Based
     upon  that  evaluation, the Company's Chief Executive Officer and its Chief
     Financial  Officer  concluded  that  the  Company's  disclosure  controls


<PAGE>
     and  procedures  are effective to ensure that material information required
     to  be  disclosed  by  it in the reports that it files or submits under the
     Exchange  Act  is  recorded,  processed, summarized and reported within the
     time  periods specified in the Securities and Exchange Commission rules and
     forms.  It  should  be  noted,  however,  that  the design of any system of
     controls  is based in part upon certain assumptions about the likelihood of
     future  events,  and there can be no assurance that any design will succeed
     in  achieving  its  stated  goals  under  all  potential future conditions,
     regardless  of  how  remote.

(b)  Changes  in  internal controls. The Company evaluates its internal controls
     for financial reporting purposes on a regular basis. Based upon the results
     of  these  evaluations,  the Company considers what revisions, improvements
     and/or  corrective  actions  are  necessary  in  order  to  ensure that its
     internal controls are effective. The Company is currently in the process of
     improving  internal  controls  relating  to  transmittal  of  its financial
     information  to  its  accountants  in a more timely manner. To achieve this
     goal,  the  Company  is implementing on a company-wide basis a computerized
     system which will automate the process of collection of financial data. The
     Company  maintains  separate  bank  accounts  in  two  locations  and  is
     implementing  changes to allow consolidation of its banking accounts to one
     location,  which will also allow the use of tighter security standards with
     respect  to signing of company checks. Pending full implementation of these
     improvements, the Company has instituted additional procedures and policies
     to  maintain  its  ability  to  accurately  record,  process  and summarize
     financial  data  and  prepare  financial  statements that fully present its
     financial  condition,  results  of  operations  and  cash  flows.

     The  Company  has  not  made any other significant changes in the Company's
internal  controls  or  in  other  factors that could significantly affect these
controls  subsequent  to  the  date  of  their  last  evaluation.


FORWARD-LOOKING STATEMENTS
--------------------------

     This  Form  10-QSB  contains  forward-looking  statements  that  involve
substantial  risks and uncertainties. Investors and prospective investors in our
common  stock  can  identify  these  statements by forward-looking words such as
"may,"  "will,"  "expect,"  "intend,"  "anticipate,"  believe,"  "estimate,"
"continue"  and  other similar words. Statements that contain these words should
be read carefully because they discuss our future expectations, make projections
of our future results of operations or of our financial condition or state other
"forward-looking"  information.

     We  believe  that it is important to communicate our future expectations to
our  investors.  However, there may be events in the future that we are not able
to  predict  accurately  or control. The factors listed in the section captioned
"Management's  Discussion  and  Analysis  or  Plan of Operation," as well as any
cautionary  language  in  this  Form  10-QSB,  provide  examples  of  risks,
uncertainties  and events that may cause our actual results to differ materially
from  the  expectations we describe in our forward-looking statements. Investors
and  prospective  investors  in  our  common  stock  should  be  aware  that the
occurrence  of the events described in the "Management's Discussion and Analysis
or  Plan  of  Operation"  section and elsewhere in this Form 10-QSB could have a
material  adverse  effect  on  our  business,  operating  results  and financial
condition.


PART II

ITEM 1.   LEGAL PROCEEDINGS.

     Several  vendors  of  the  Company  have threatened to take legal action to
recover  sums  owed  to  them.  Additionally,  one  vendor,  Nevada  Southwest
Investments  LLC,  dba Reno Business Park, filed and obtained a judgment against
the  Company  in  the Second Judicial District, Washoe County, Nevada to collect
the amount of $17,608.29 due under a rental lease agreement for office space the
Company chose to vacate. The Company did not contest this action since it had no
basis to do so. This court judgment, unless paid, may ultimately result in liens
against  the  Company  bank  account,  other  Company  assets,  or  the  mineral
properties  held  by the Company. Such liens may have the impact of reducing the
capability of the Company to remain as a going concern. The Company is currently
negotiating  with  the  counsel  of  the  creditor  to  make  Suitable  payment
arrangements to pay this judgment over time. The creditor is seeking to schedule
a  debtors  exam  hearing  in  the  State  of  Idaho at the time of this report.

     Additionally,  the  Internal Revenue Service has threatened to impose liens
against  the  Company  bank  account,  other  assets,  or  the  Company  mineral
properties  unless the Company adheres to a rigorous payment schedule imposed by
them  repay  past  due  withholding taxes. The Company has to date complied with
such payment arrangements but may be unable to comply with such schedules in the
future  due  to  funding  constraints,  in which case, actions by the I.R.S. may
severely  hamper  the  ability  of  the  Company  to  maintain itself as a going
concern.


<PAGE>
ITEM 2.   CHANGES  IN  SECURITIES  AND  USE  OF  PROCEEDS.

RECENT  SALES  OF  UNREGISTERED  SECURITIES
-------------------------------------------

     We  had 30,163,874 shares of common stock issued and outstanding as of June
30,  2003.  The  issuances  discussed  under  this  section  are  exempted  from
registration  under  Rule 506 of the Securities Act ("Rule 504") or Section 4(2)
of  the  Securities  Act  ("Section  4(2)"),  as provided. All purchasers of the
issued securities acquired the shares for investment purposes only and all stock
certificates  reflect  the appropriate legends. No underwriters were involved in
connection  with  the  sales  of  securities  referred  to  in  this  section.

     In  general,  under  Rule  144,  a person who has beneficially owned shares
privately acquired directly or indirectly from us or from one of our affiliates,
for  at  least one year, or who is an affiliate, is entitled to sell, within any
three-month  period,  a number of shares that do not exceed the greater of 1% of
the  then  outstanding shares or the average weekly trading volume in our shares
during the four calendar weeks immediately preceding such sale. Sales under Rule
144  are  also subject to certain manner of sale provisions, notice requirements
and the availability of current public information about us. A person who is not
deemed  to  have  been  an  affiliate at any time during the 90 days preceding a
sale,  and  who has beneficially owned restricted shares for at least two years,
is  entitled to sell all such shares under Rule 144 without regard to the volume
limitations,  current public information requirements, manner of sale provisions
or  notice  requirements.


Common Stock
------------

     During  the  period  from  September  30, 2002 and ended June 30, 2003, the
Company  issued  5,500,000  shares  of common stock for $550,000 cash, 1,106,279
shares  of  common  stock  valued  at  $149,145 for consulting services, 450,000
shares  of common stock for investments valued at $93,168, and 369,160 shares of
common  stock  for  loans  payable  of $29,500. No shares were issued during the
reporting  period  from  March  31,  2003  to  June  30,  2003.

Options
-------

     None  issued  during  the  reporting  period.  See  Note 5 of the "Notes to
Financial  Statements  for  a  further discussion and explanation of the options
outstanding.

Warrants
--------

     None  issued  during  the  reporting  period.  See  Note 5 of the "Notes to
Financial  Statements  for  a further discussion and explanation of the warrants
outstanding.



ITEM 3.   DEFAULTS UPON SENIOR SECURITIES.

          None.

ITEM 4.   SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

          None.

ITEM 5.   OTHER INFORMATION.

          None.

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K.

          (a)  Exhibits

          None.

          -------------

          (b)  Reports on Form 8-K.

               None


<PAGE>
                              TREND MINING COMPANY
                          (AN EXPLORATION STAGE COMPANY)
                                  MARCH 31, 2003


SIGNATURES

     In  accordance  with  the  requirements of the Exchange Act, the Registrant
caused this Report to be signed on its behalf by the undersigned, thereunto duly
authorized.

TREND  MINING  COMPANY


Dated:  August 16, 2003
By:     /s/  Kurt J. Hoffman
        -------------------------
        Kurt J. Hoffman
        President and Chief Executive Officer
        (Principal Executive Officer)


Dated:  August 16, 2003
By:     /s/  John P. Ryan
        -------------------------
        John P. Ryan
        Chief Financial Officer


<PAGE>