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The grade of ore refers to the concentration of the desired material it contains.
The value of the metal an ore contains must be weighed against the cost of
extraction to determine whether it is of sufficiently high grade to be worth
mining. Iron ore (banded iron formation)
Metal ores are generally oxides, sulfides, silicates, native metals such as copper,
or noble metals such as gold. Ores must be processed to extract the elements of
interest from the waste rock. Ore bodies are formed by a variety of geological
processes generally referred to as ore genesis.
Contents
Ore deposits
Classification
Hydrothermal epigenetic deposits
Granite related hydrothermal Manganese ore – psilomelane (size:
Magmatic deposits 6.7 × 5.8 × 5.1 cm)
Volcanic-related deposits
Metamorphically reworked deposits
Carbonatite-alkaline igneous related
Sedimentary deposits
Sedimentary hydrothermal deposits
Astrobleme-related ores
Extraction
Trade
Important ore minerals
See also
References
Lead ore – galena and anglesite
Further reading
(size: 4.8 × 4.0 × 3.0 cm)
External link
Ore deposits
An ore deposit is an accumulation of ore. This is distinct from a mineral resource as defined by the mineral resource classification
criteria. An ore deposit is one occurrence of a particular ore type. Most ore deposits are named according to their location (for
example, the Witwatersrand, South Africa), or after a discoverer (e.g. the Kambalda nickel shoots are named after drillers), or
after some whimsy, a historical figure, a prominent person, something from mythology (phoenix, kraken, serepentleopard, etc.) or
the code name of the resource company which found it (e.g. MKD-5 was the in-
house name for the Mount Keith nickel sulphide deposit).
Classification
Ore deposits are classified according to various criteria developed via the study
of economic geology, or ore genesis. The classifications below are typical.
Mesothermal lode gold deposits, typified by the Golden Mile, Gold ore (size: 7.5 × 6.1 × 4.1 cm)
Kalgoorlie
Archaean conglomerate hosted gold-uranium deposits, typified by
Elliot Lake, Ontario, Canada and Witwatersrand, South Africa
Carlin–type gold deposits, including;
Epithermal stockwork vein deposits
IOCG or iron oxide copper gold deposits, typified by the supergiant Olympic
Dam Cu-Au-U deposit
Porphyry copper +/- gold +/- molybdenum +/- silver deposits
Intrusive-related copper-gold +/- (tin-tungsten), typified by the Tombstone,
Arizona deposits
Hydromagmatic magnetite iron ore deposits and skarns
Skarn ore deposits of copper, lead, zinc, tungsten, etcetera
Cart for carrying ore from a
mine on display at the
Magmatic deposits
Historic Archive and
Magmatic nickel-copper-iron-PGE deposits including Museum of Mining in
Pachuca, Mexico
Cumulate vanadiferous or platinum-bearing magnetite or chromite
Cumulate hard-rock titanium (ilmenite) deposits
Komatiite hosted Ni-Cu-PGE deposits
Subvolcanic feeder subtype, typified by Noril'sk-Talnakh and the Thompson Belt, Canada
Intrusive-related Ni-Cu-PGE, typified by Voisey's Bay, Canada and Jinchuan, China
Lateritic nickel ore deposits, examples include Goro and Acoje, (Philippines) and Ravensthorpe, Western
Australia.
Volcanic-related deposits
Besshi type
Kuroko type
Podiform serpentinite-hosted paramagmatic iron oxide-chromite deposits, typified by Savage River, Tasmania
iron ore, Coobina chromite deposit
Broken Hill Type Pb-Zn-Ag, considered to be a class of reworked SEDEX deposits
Carbonatite-alkaline igneous related
Sedimentary deposits
SEDEX
Astrobleme-related ores
Extraction
The basic extraction of ore deposits follows these steps:
Trade
Ores (metals) are traded internationally and comprise a sizeable portion of international trade in raw materials both in value and
volume. This is because the worldwide distribution of ores is unequal and dislocated from locations of peak demand and from
smelting infrastructure.
Most base metals (copper, lead, zinc, nickel) are traded internationally on the London Metal Exchange, with smaller stockpiles
and metals exchanges monitored by the COMEX and NYMEX exchanges in the United States and the Shanghai Futures
Exchange in China.
Iron ore is traded between customer and producer, though various benchmark prices are set quarterly between the major mining
conglomerates and the major consumers, and this sets the stage for smaller participants.
Other, lesser, commodities do not have international clearing houses and benchmark prices, with most prices negotiated between
suppliers and customers one-on-one. This generally makes determining the price of ores of this nature opaque and difficult. Such
metals include lithium, niobium-tantalum, bismuth, antimony and rare earths. Most of these commodities are also dominated by
one or two major suppliers with >60% of the world's reserves. The London Metal Exchange aims to add uranium to its list of
metals on warrant.
The World Bank reports that China was the top importer of ores and metals in 2005 followed by the US and Japan.[2]
See also
Economic geology
Extractive metallurgy (ore processing)
Froth Flotation
Mineral resource classification
Ore genesis
Petrology
References
1. Guilbert, John M. and Charles F. Park, Jr. (1986) The Geology of Ore Deposits, W. H. Freeman, p. 1. ISBN 0-
7167-1456-6
2. "Background Paper - The Outlook for Metals Markets Prepared for G20 Deputies Meeting Sydney 2006" (http://si
teresources.worldbank.org/INTOGMC/Resources/outlook_for_metals_market.pdf) (PDF). The China Growth
Story. WorldBank.org. Washington. September 2006. p. 4. Retrieved 2019-07-19.
Further reading
DILL, H.G. (2010) The “chessboard” classification scheme of mineral deposits: Mineralogy and geology from
aluminum to zirconium, Earth-Science Reviews, Volume 100, Issue 1-4, June 2010, Pages 1-420 (http://www.hge
odill.de/Map-Chessboard-classification-scheme.htm)
External link
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