Black shales of the Lower Cambrian Niutitang Formation in southern China (Huangjiawan mine, Zunyi region, northern part of the Guizhou Province) host regionally distributed stratiform polymetallic Ni-Mo-platinum group elements (PGE)-Au phosphate-and sulfi de-rich ores. These are confi ned to a £ 0.2-m thick ore horizon composed of mineralized bodies of algal onkolites, phosphate nodules, and sulfi de and shale clasts in a mineralized phosphate-and organic matter-rich matrix. Compared to footwall and hanging wall shales, the ore bed is strongly enriched in Ni (up to 100-fold), As (up to 97-fold), Mo (up to 95-fold), Sb (up to 67-fold), Rh (up to 49-fold), Cu (up to 37-fold), Pd (up to 33-fold), Ru (up to 24-fold), Zn (up to 23-fold), Pt (up to 21-fold), Ir (up to 15-fold), Co (up to 14-fold), and Pb (up to 13-fold). Even footwall and hanging wall black shales are signifi cantly enriched by Mo (21-fold) and Ni (12-fold) but depleted in Cr in comparison to average Cambrian black shale. Organic matter is represented by separate accumulations dispersed in the rock matrix or as biotic bitumen droplets and veinlets in ore clasts. Similar organic carbon (C org ) values in an ore bed and enclosing footwall and hanging wall shales of little mineralization indicate that metal accumulation was not controlled only by biogenic productivity and organic matter accumulation rate. Evaporitic conditions during sedimentation of the basal part of the Niutitang Formation were documented by an occurrence of preserved Ni-, V-, Cr-, and Cu-enriched phosphate-rich hardground with halite and anhydrite pseudomorphs on the paleosurface of the underlying Neoproterozoic carbonates. Neoproterozoic black shales of the Doushantuo Formation are characterized by increased metal concentrations. Comparison of metal abundances in both hardground and Doushantuo black shales indicate that black shales could have become a source of metal-rich hardground during weathering. The polymetallic Ni-Mo-PGE sulfi de-rich ore bed is interpreted to represent a remnant of shallow-water hardground horizon rich in metals, which originated in a sediment-starved, semi-restricted, seawater environment. During the Early Cambrian transgression an infl ux of fresh seawater and intensive evaporation, together with the hydrothermal enrichment of seawater in a semi-restricted basin, resulted in the formation of dense metalliferous brines; co-precipitation of metals together with phosphates and sulfi des occurred at or above the oxic -anoxic sediment interface. Metal-enriched hardground was disintegrated by the action of waves or bottom currents and deposited in a deeper part of the anoxic basin. Contemporaneously with the formation of a polymetallic Ni-Mo-PGE-Au sulfi de ore bed, economic sedimentary exhalative
