An Overview of the Fe oxide-Cu-Au Deposits and Related Deposit Types

Magmatic-hydrothermal deposits rich in magnetite and/or hematite form a broad group that includes monometallic Fe deposits and polymetallic (mainly Cu and Au) deposits. They show a considerable variation in deposit characteristics, but share the genetic processes of magmatic differentiation and related hydrothermal activity in intermediate to felsic melts, and in some cases involve brines and/or meteoric waters during mineralization. They include several world-class deposits. They range in age from Proterozoic to Recent, and form important metallogenic districts in Scandinavian, Canadian, Brazilian and Australian Shields, Circum-Pacific regions, and in China, Iran and Turkey. Monometallic deposits have been important sources of iron in the past and still contain significant resources of the metal, e.g., the Kiirunavaara deposit in Sweden. The giant Olympic Dam Cu-Au-Ag-U-REE deposit was discovered in 1975, and since then explorationists have focussed on search for analogues worldwide. This has brought to light a number of economically important new deposits and prospects, including examples in Canada. The discoveries have in turn prompted considerable research on individual deposits and the group as a whole. This short paper is an attempt to summarize the main aspects of the group from the literature cited in Gandhi and Bell (1996), and from the papers published recently in two milestone volumes on these deposits, edited by Porter (2000 and 2002).