Ore study of economic geology, or ore genesis. The classifications below are typical. The basic extraction of ore deposits follows these steps: Ores (metals) are traded internationally and comprise a sizeable portion of international trade in raw materials both in value and volume. This is because the worldwide distribution of ores is unequal and dislocated from locations of peak demand and from smelting infrastructure. Most base metals (copper, lead, zinc, nickel) are traded internationally on the London Metal Exchange, with smaller stockpiles and metals exchanges monitored by the COMEX and NYMEX exchanges in the United States and the Shanghai Futures Exchange
Thicketty Mountain Ore Pits (38CK74) Register of Historic Places in 1987. Thicketty Mountain Ore Pits (38CK74) Thicketty Mountain Ore Pits (38CK74) is a historic archaeological site located near Shady Grove Church, Cherokee County, South Carolina. The site includes iron ore pits associated with the South Carolina Manufacturing Company, a major iron manufacturing company that operated in Spartanburg County between about 1825 and about 1850. The iron ore pits or surface mines cover several forested acres along a gently sloping ridge and are generally depressions about two to three meters deep and about five to ten meters across. The pits were last operational in the 1850s.