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MAGMA COPPER REPLACES SHELF REGISTRATION

 TUCSON, Ariz., June 8 /PRNewswire/ -- Magma Copper Co. (NYSE: MCU) announced today that it has filed with the Securities and Exchange Commission (SEC) an "omnibus" shelf registration statement to issue up to $200 million of publicly traded securities. This new filing will replace the existing shelf, and due to new SEC rules will provide Magma with greater flexibility.
 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- 6/8/93
 /CONTACT: Richard P. Johnson, 602-575-5670, or Kimberly L. Wick, 602-575-5673, both of Magma Copper/
 (MCU)


CO: Magma Copper Co. ST: California IN: MNG SU:

MS -- SD006 -- 6611 06/08/93 14:06 EDT
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Publication:PR Newswire
Date:Jun 8, 1993
Words:162
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