Ore genesis with igneous rocks. The world's major copper deposits are formed within the granitic porphyry copper style. Copper is enriched by processes during crystallisation of the granite and forms as chalcopyrite — a sulfide mineral, which is carried up with the granite. Sometimes granites erupt to surface as volcanoes, and copper mineralisation forms during this phase when the granite and volcanic rocks cool via hydrothermal circulation. Sedimentary copper forms within ocean basins in sedimentary rocks. Generally this forms by brine from deeply buried sediments discharging into the deep sea, and precipitating copper and often lead and zinc sulfides directly onto the
Iron ore magnetite resources is irrelevant as a banded iron formation can be hundreds of meters thick, extend hundreds of kilometers along strike, and can easily come to more than three billion or more tonnes of contained ore. The typical grade of iron at which a magnetite-bearing banded iron formation becomes economic is roughly 25% iron, which can generally yield a 33% to 40% recovery of magnetite by weight, to produce a concentrate grading in excess of 64% iron by weight. The typical magnetite iron-ore concentrate has less than 0.1% phosphorus, 3–7% silica and less than 3% aluminium. Currently magnetite iron ore