UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
March 10, 2005 (March 3, 2005)
SAVINGS PLAN FOR HOURLY-RATED EMPLOYEES OF BHP COPPER INC.
(Exact name of registrant as specified in its charter)
Australia 001-09526 000000000
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(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of Identification No.)
Incorporation or
organization)
Level 27
180 Lonsdale Street
Melbourne, Victoria 3000
Australia 3000
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (011-61-1300554757)
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None
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 4.01 Changes in Certifying Accountant of Registrant Employee Benefit Plan.
On March 3, 2005, KPMG LLP ("KPMG") was dismissed as the independent
registered public accountants ("auditors") of the Savings Plan for
Hourly-Rated Employees of BHP Copper Inc. (the "Plan"). The dismissal of KPMG
was approved by an authorized officer with respect to the Plan. The Plan does
not have a separate board of directors. On March 3, 2005, an authorized
officer with respect to the Plan engaged Kraft CPAs PLLC ("Kraft CPAs") as the
auditors of the Plan for the fiscal year ending December 31, 2004 to replace
KPMG. The decision to dismiss KPMG and to retain Kraft CPAs was based
primarily on cost considerations.
KPMG's reports on the Plan's financial statements for the fiscal
years ended December 31, 2002 and 2003 did not contain an adverse opinion or a
disclaimer of opinion and were not qualified or modified as to uncertainty,
audit scope, or accounting principles.
During the Plan's two most recent fiscal years and through March 3,
2005, there were no disagreements with KPMG on any matters of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure, which, if not resolved to the satisfaction of KPMG, would have
caused KPMG to make reference to the matter in its reports. During the two
most recent fiscal years and through March 3, 2005, there have been no
"reportable events" (as defined in Regulation S-K, Item 304(a)(1)(v)). The
Plan has requested KPMG to furnish it with a letter addressed to the
Securities and Exchange Commission stating whether it agrees with the above
statements.
SIGNATURE
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 hereunto duly authorized.
SAVINGS PLAN FOR HOURLY-RATED
EMPLOYEES OF BHP COPPER INC.
By: /s/ Howard Spiegel
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Name: Howard Spiegel
Title: Plan Administrator
DATE: March 10, 2005