Bornite Hungarian family) (1742–1791). Bornite Bornite, also known as peacock ore, is a sulfide mineral with chemical composition CuFeS that crystallizes in the orthorhombic system (pseudo-cubic). Bornite has a brown to copper-red color on fresh surfaces that tarnishes to various iridescent shades of blue to purple in places. Its striking iridescence gives it the nickname "peacock copper" or "peacock ore". Bornite is an important copper ore mineral and occurs widely in porphyry copper deposits along with the more common chalcopyrite. Chalcopyrite and bornite are both typically replaced by chalcocite and covellite in the supergene enrichment zone of copper deposits. Bornite is
Iron ore in the table aside. The major constraint to economics for iron ore deposits is not necessarily the grade or size of the deposits, because it is not particularly hard to geologically prove enough tonnage of the rocks exist. The main constraint is the position of the iron ore relative to market, the cost of rail infrastructure to get it to market and the energy cost required to do so. Mining iron ore is a high volume low margin business, as the value of iron is significantly lower than base metals. It is highly capital intensive, and requires significant investment in