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 infrastructure such as rail in order to transport the ore from the mine to a freight ship. For these reasons, iron ore production is concentrated in the hands of a few major players. World production averages two billion metric tons of raw ore annually. The world's largest producer of iron ore is the Brazilian mining corporation Vale, followed by Anglo-Australian companies Rio Tinto Group and then BHP Billiton. A further Australian supplier, Fortescue Metals Group Ltd, has helped bring Australia's production to first in the world. The seaborne trade in iron ore, that is, iron ore to be shipped to