New Almaden hydrothermal deposition of cinnabar from deep within the earth is found in a gangue of silica-carbonate rock formed locally by hydrothermal alteration of serpentine. The Guadalupe mine produced about 10% as much mercury as the New Almaden. There are several smaller mines in the mining district, but their ore production was not significant. The only significant quicksilver ore is cinnabar; other sulfides are present in small quantities. Mining, other than a single placer deposit of cinnabar, was underground. There is a high probability of undiscovered high-grade ore which could be found and exploited using modern techniques. Mining operations resulted in
Iron ore is mined in Minnesota and Michigan in the U.S., Eastern Canada and Northern Sweden. Magnetite bearing banded iron formation is currently mined extensively in Brazil, which exports significant quantities to Asia, and there is a nascent and large magnetite iron-ore industry in Australia. Direct-shipping iron-ore (DSO) deposits (typically composed of hematite) are currently exploited on all continents except Antarctica, with the largest intensity in South America, Australia and Asia. Most large hematite iron-ore deposits are sourced from altered banded iron formations and rarely igneous accumulations. DSO deposits are typically rarer than the magnetite-bearing BIF or other rocks which form its