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
Ore genesis outlined above. Surficial processes are the physical and chemical phenomena which cause concentration of ore material within the regolith, generally by the action of the environment. This includes placer deposits, laterite deposits, and residual or eluvial deposits. The physical processes of ore deposit formation in the surficial realm include; Ore deposits are usually classified by ore formation processes and geological setting. For example, sedimentary exhalative deposits (SEDEX), are a class of ore deposit formed on the sea floor (sedimentary) by exhalation of brines into seawater (exhalative), causing chemical precipitation of ore minerals when the brine cools, mixes with sea water,