Iron oxide copper gold ore deposits to be within Neoproterozoic to Mesoproterozoic basement. Worldwide, ages of recognised IOCG deposits range from 1.8 Ga to 15 Ma, however, the majority are within the 1.6 Ga to 850 Ma range. Ore minerals in IOCG deposits are typically copper-iron sulfide chalcopyrite and gangue pyrite, forming 10–15% of the rock mass. Supergene profiles can be developed above weathered examples of IOCG deposits, as exemplified by the Sossego deposit, Para State, Brazil, where typical oxidised copper minerals are present, e.g.; malachite, cuprite, native copper and minor amounts of digenite and chalcocite. Alteration is a mixture of sodic-calcic (albite-epidote) to potassic (K-feldspar)
Lateritic nickel ore deposits the weathering mantle developed above ultramafic rocks. As such they tend to be tabular, flat and really large, covering many square kilometres of the Earth's surface. However, at any one time the area of a deposit being worked for the nickel ore is much smaller, usually only a few hectares. The typical nickel laterite mine often operates as either an open cut mine or a strip mine. Nickel laterites are a very important type of nickel ore deposit. They are growing to become the most important source of nickel metal for world demand (currently second to sulfide nickel ore deposits).