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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3 OMB APPROVAL
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OMB NUMBER: 3235-0104
Expires: April 30, 1997
Estimated average burden
hours per response ...... 0.5
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person
BHP Sub Inc.
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(Last) (First) (Middle)
550 California Street
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(Street)
San Francisco, CA 94104
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
01/08/96
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3. IRS or Social Security Number of Reporting Person (Voluntary)
51-0371135
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4. Issuer Name and Ticker or Trading Symbol
Magma Copper Company (MCU)
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5. Relationship of Reporting Person to Issuer:
(Check all applicable)
Director X 10% Owner
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Officer (give Other (Specify
----- title below) ------ below)
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6. If Amendment, Date of Original (Month/Day/Year)
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<TABLE>
<CAPTION>
Table 1 -- Non-Derivative Securities Beneficially Owned
1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Beneficially Owned Direct (D) or (Instr. 5)
(Instr. 4) Indirect (I)
(Instr. 5)
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<S> <C> <C> <C>
Common Stock 51,000,596 D
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Series D Preferred Stock 1,248,462 D
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Series E Preferred Stock 1,443,232 D
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
(Over)
SEC 1473 (8-92)
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<TABLE>
<CAPTION>
FORM 3 (continued) Table II-Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C> <C>
1. Title of Derivative 2. Date Exer- 3. Title and Amount of Securities Underlying 4. Conver- 5. Owner- 6. Nature of
Security (Instr. 4) cisable and Derivative Security sion or ship Indirect
Expiration Instr. 4) Exercise Form or Beneficial
Date Price of Deriv- Ownership
(Month/Day/ Deri- ative (Instr. 5)
Year) vative Security
-------------- -------------------------------------------- Security Direct
Amount (D) or
Date Expira- or indirect
Exer- tion Title Number (J)
cisable Date of (Instr. 5)
Shares
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<CAPTION>
Explanation of Responses:
<S> <C>
**International misstatements or omissions of facts constitute Federal /s/ T. Rognald Dankmeyer 1/12/96
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------- -------------
**Signature of Reporting Person
Note: File three copies of this Form, one of which must be manually signed. Name: T. Rognald Dankmeyer
If space provided is insufficient, See Instruction 6 for procedure. Title: Vice President
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