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Lesson 08 · Ore Deposit Types

IOCG & Kiruna-type: iron-oxide systems

What you’ll getMeet the iron-oxide deposit family — copper-gold-uranium giants, and magnetite-apatite iron ores.
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A few important deposits are built on a flood of iron-oxide minerals (magnetite or hematite) rather than on sulfides. Two related types matter most.

IOCG — Iron Oxide-Copper-Gold

These are large deposits where copper and gold ride along with abundant iron oxide, formed by hot, very salty (saline) fluids. Unusually, they're not clearly tied to a single intrusion the way a porphyry is. They often carry uranium and rare earths as bonuses, which makes some of them extraordinarily valuable.

The headliner is Olympic Dam in South Australia — a single giant that is at once a major copper, gold, uranium, and rare-earth deposit. There is nothing else quite like it on Earth.

Kiruna-type — iron oxide-apatite

A close cousin is almost pure iron: magnetite together with the phosphate mineral apatite, with little copper. These are major iron ore sources, named for Kiruna in Sweden — a mountain of magnetite mined for over a century.

Cu-Au-U +REE iron-oxide breccia
Hot saline fluids build an iron-oxide body carrying copper, gold and uranium
← Lesson 7 · Magmatic deposits: metal straight from the meltLesson 9 · Carlin-type gold: the invisible giant →