SECURITIES AND EXCHANGE COMMISSION

                                Washington, D.C.


                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15 (d) OF THE

                       SECURITIES AND EXCHANGE ACT OF 1934

                                 August 23, 2000
                ------------------------------------------------
                Date of report (Date of Earliest Event Reported)

                          DYNAMIC MATERIALS CORPORATION
               --------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)

   DELAWARE                           08328                         84-0608431
(State or Ot                       (Commission                    (IRS Employer
Jurisdiction                       File Number)                   Identification
Incorporation)                                                        Number)

                551 Aspen Ridge Drive, Lafayette, Colorado 80026
              ----------------------------------------------------
              (Address of Principal Executive Offices and Zip Code)


                                 (303) 665-5700
               --------------------------------------------------
               Registrant's telephone number, including area code

                                 Not Applicable
          -------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)


Item 5. OTHER EVENTS

     On August 24, 2000,  the  Registrant  issued a press release with regard to
the  resignation of Joseph Allwein from his position as Vice President and Chief
Operating Officer of the Registrant,  effective August 23, 2000, attached hereto
as Exhibit 99.1

Item 7. FINANCIAL STATEMENTS AND EXHIBITS

     (c)  Exhibits

EXHIBIT NO.            DESCRIPTION
- -----------            -----------

   99.1       Press release dated August 24, 2000


                                   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.

                                       DYNAMIC MATERIALS CORPORATION

                                       By:   /s/ Richard A. Santa
                                            ------------------------
                                       Name:  Richard A. Santa
                                       Title: Vice President - Finance and
                                              Chief Financial Officer

August 25, 2000


                                Index to Exhibits

NUMBER                 DESCRIPTION
- ------                 -----------

 99.1       Press release dated August 24, 2000