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MAGMA COPPER CO. DECLARES QUARTERLY CASH DIVIDEND ON CUMULATIVE CONVERTIBLE PREFERRED STOCK SERIES D

 TUCSON, Ariz., Nov. 15 /PRNewswire/ -- Magma Copper Co. (NYSE: MCU) today declared a regular quarterly cash dividend of $0.703125 per share on its 5 5/8 percent Cumulative Convertible Preferred Stock, Series D (NYSE: MCUPRD) for the period from Sept. 16, 1993, through Dec. 15, 1993, payable on Dec. 15, 1993, to shareholders of record at the close of business on Nov. 29, 1993.
 Magma Copper Co., one of the largest primary copper producers in the United states, produces high-quality copper cathode and rod for sale to customers worldwide. Magma has operations in San Manuel, Miami, Superior, Ariz. and Ely, Nev. Magma Metals Co., a wholly owned subsidiary, operates Magma's smelting and refining complex located in San Manuel, and conducts the company's marketing and sales activities. Corporate headquarters are in Tucson.
 -0- 11/15/93
 /CONTACT: Richard P. Johnson, 602-575-5670 or Kimberly L. Wick, 602-575-5673, both of Magma Copper/
 (MCU MCUPRD)


CO: Magma Copper Co. ST: Arizona IN: MNG SU: DIV

EH -- SD007 -- 4523 11/15/93 14:17 EST
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Publication:PR Newswire
Date:Nov 15, 1993
Words:171
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