MAGMA COPPER CO
S-8 POS, 1996-03-08
PRIMARY SMELTING & REFINING OF NONFERROUS METALS
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   AS FILED WITH THE  SECURITIES  AND  EXCHANGE  COMMISSION  ON March 8, 1996.
                                                       Registration No. 33-47910
================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                -----------------

                         POST-EFFECTIVE AMENDMENT NO. 2

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933
                                -----------------

                                 BHP COPPER INC.
             (Exact name of registrant as specified in its charter)

          Delaware                                           86-0219794
(State or other jurisdiction                             (I.R.S. Employer
of incorporation or organization)                       Identification Number)

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

                          7400 N. Oracle Rd., Suite 200
                              Tucson, Arizona 85704
                                 (520) 575-5600

       (Address, including zip code, and telephone number, including area
               code, of registrant's principal executive offices)

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

                                Douglas J. Purdom
                             Chief Financial Officer
                          7400 N. Oracle Rd., Suite 200
                              Tucson, Arizona 85704
                                 (520) 575-5600

       (Name, address, including zip code, and telephone number, including
                        area code, of agent for service)

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

                                    Copy to:

                               Stephen D. Pidgeon
                              Snell & Wilmer L.L.P.
                               One Arizona Center
                           Phoenix, Arizona 85004-0001
                                 (602) 382-6252


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

<PAGE>
                         POST-EFFECTIVE AMENDMENT NO. 2
                         ------------------------------

         Pursuant to a  Registration  Statement  on Form S-8,  Registration  No.
33-47910 (the "Registration Statement"),  BHP Copper Inc., formerly Magma Copper
Company (the "Company"),  registered 125,000 shares of its Class B common stock,
$.01 par value,  for sale pursuant to the Company's 1992  Restricted  Stock Plan
for Non-Employee  Directors.  In 1992, each  outstanding  share of the Company's
Class B common stock and its Class A common stock was reclassified and converted
into one share of a single class of common stock.  The Company  believes that as
of the date of this Post-Effective  Amendment No. 2, approximately 33,000 shares
of common stock have been sold. The Company hereby  withdraws from  registration
all the shares of common stock remaining unsold under the Registration Statement
as of the date of this Post-Effective Amendment No. 2.


                                        2
<PAGE>
                                     PART II
                     INFORMATION NOT REQUIRED IN PROSPECTUS

Item 16.  List of Exhibits.

         Exhibit No.                Description
         -----------                -----------
            24.1                    Power of Attorney




                                        3
<PAGE>
                                   SIGNATURES

         Pursuant  to the  requirements  of the  Securities  Act  of  1933,  the
Registrant certifies that it has reasonable grounds to believe that it meets all
of  the   requirements  for  filing  on  Form  S-8  and  has  duly  caused  this
Post-Effective  Amendment No. 2 to this Registration Statement on Form S-8 to be
signed on its behalf by the undersigned,  thereunto duly authorized, in the City
of Tucson, State of Arizona, on March 7, 1996.

                                BHP COPPER INC.


                                By:  /s/ Douglas J. Purdom
                                    -------------------------------------------
                                      Douglas J. Purdom
                                      Vice President, Chief Financial Officer


         Pursuant  to the  requirements  of the  Securities  Act of  1933,  this
Post-Effective Amendment No. 2 to this Registration Statement has been signed by
the following persons in the capacity and on the dates indicated.


      Signature                       Title                          Date
      ---------                       -----                          ----
          *                    President and Chief              March 7, 1996
- ---------------------
J. Burgess Winter             Executive Officer

/s/ Douglas J. Purdom      Vice President and Chief             March 7, 1996
- ---------------------
Douglas J. Purdom             Financial Officer
                           (Principal Financial and
                               Accounting Officer)


          *                          Director                   March 7, 1996
- ---------------------
T. Rognald Dankmeyer

          *                          Director                   March 7, 1996
- ---------------------
Donald E. Egan

          *                          Director                   March 7, 1996
- ---------------------
Stefano Giorgini



*By /s/ Douglas J. Purdom
    ---------------------
        Douglas J. Purdom
        Attorney-in-fact


                                        4

                                POWER OF ATTORNEY


         KNOW  ALL MEN BY THESE  PRESENTS,  that  each  person  whose  signature
appears below constitutes and appoints J. Burgess Winter,  Douglas J. Purdom and
Andrew A. Brodkey, and each of them, his true and lawful  attorneys-in-fact  and
agents, with full power of substitution and  resubstitution,  for him and in his
name, place and stead, in any and all capacities, to sign any and all amendments
to the following registration  statements filed with the Securities and Exchange
Commission  on behalf of Magma  Copper  Company,  a  Delaware  corporation  (the
"Company"):

               Form S-3                            Form S-8
               --------                            --------

               33-60501                            33-21344
               33-53021                            33-35566
               33-52857                            33-35569
               33-26294                            33-47910
                                                   33-64766
                                                   33-66498
                                                   33-66500

as necessary to terminate  such  registration  statements  and to deregister the
securities  remaining unsold thereunder,  and to file such amendments,  with all
exhibits  thereto,   and  other  documents  in  connection  therewith  with  the
Securities and Exchange  Commission,  granting unto said  attorneys-in-fact  and
agents,  and each of them,  full power and  authority to do and perform each and
every  act and  thing  requisite  and  necessary  to be done  in and  about  the
premises,  as fully and to all intents  and  purposes as he might or could do in
person  hereby  ratifying and  confirming  all that said  attorneys-in-fact  and
agents, or his substitute or substitutes, may lawfully do or cause to be done by
virtue hereof.

         This power of attorney has been signed below by the  following  persons
in their capacities and on the dates indicated below.



      Signature                         Title                        Date
      ---------                         -----                        ----

/s/ J. Burgess Winter              President, Chief            February 13, 1996
- ---------------------             Executive Officer,                           
    J. Burgess Winter                      


/s/ Douglas J. Purdom           Vice President and Chief       February 13, 1996
- ---------------------               Financial Officer  
    Douglas J. Purdom           (Principal Financial and           
                                   Accounting Officer              
                                           

<PAGE>

/s/ T. Rognald Dankmeyer              Director                  February 9, 1996
- ------------------------
    T. Rognald Dankmeyer


/s/ Donald E. Egan                    Director                  February 9, 1996
- ------------------
    Donald E. Egan


/s/ Stefano Giorgini                  Director                  February 9, 1996
- --------------------
    Stefano Giorgini



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