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
Argentine Pass iron pyrite, cupriferous pyrite (chalcopyrite), and some tetrahedrite. This was the first major discovery of silver ore in Colorado. They named the deposit the Belmont Lode (from the French for "beautiful mountain"), and the surrounding area came to be known as the Argentine mining district (from "argentum", Latin for silver). The discovery led to the growth of Georgetown as an early center of the silver mining industry in Colorado, although development was slowed by a general ignorance of how to properly treat the ore, by the high cost of transportation from the mines, and by the climate at that altitude.