40Ar-39Ar dating of biotite from IOCG and granite-related Cu-Au deposits in the Carajas Mineral Province provides evidence for the timing of mineralization and constraints on genetic models of ore formation. Ages of biotite from greisen and quartz-rich vein and breccia deposits, Alvo 118—1885 ± 4 Ma, Breves—1886 ± 5 Ma, Estrela—1896 ± 7 Ma, and Gameleira—1908 ± 7 Ma, demonstrate the close temporal relationship between Cu-Au mineralization and subjacent A-type granites. Mineralization is hosted within granite cupolas (Breves) or in vein/breccia systems emanating from the cupolas (Estrela and Gameleira), consistent with a genetic relationship of mineralization to the B-Li-F-rich granites. Plateau and minimum ages of biotite from IOCG deposits, including Igarape Bahia, Cristalino, Corta Goela, and GT34, range from 2537 ± 6 Ma to 2193 ± 4 Ma. The 40Ar-39Ar age of biotite from Igarape Bahia (2537 ± 6 Ma) is similar to a previous SHRIMP 207Pb-206Pb age for monazite of 2575 ± 12 Ma when the uncertainties in the respective analyses and standards are taken into account. The age spectrum for biotite from Cristalino shows increasing ages for successive steps, consistent with post-crystallization Ar loss, and the age of 2388 ± 5 Ma for the last three steps is considered a minimum age for Cu-Au mineralization. The age of biotite from the GT34 prospect (2512 ± 7 Ma) coincides with a previously identified period of basement reactivation and may indicate the formation of Cu-Au mineralization at this time or resetting of biotite from an older mineralization event at this time. At Corta Goela, within the Canaa Shear Zone, the biotite age of 2193 ± 4 Ma lies between the ages of IOCG (2.57–2.76 Ga) and granite-related Cu-Au (~ 1.88 Ga) deposits elsewhere in the Carajas district but is similar to previously reported 40Ar-39Ar ages for amphibole from Sossego, possibly indicating that mineralization at both Sossego and Corta Goela was affected by a thermal event at this time. The Paleoproterozoic Cu-Au deposits are commonly hosted within Neoarchean IOCG alteration systems and the common occurrence of potassic alteration (especially biotite) in both types of deposits means that special care is required in interpreting the paragenesis of alteration in both types of deposits. The Paleoproterozoic Cu-Au deposits are reduced, and sulfur- and quartz-rich deposits lacking in major amounts of iron oxides and are therefore unlike IOCG deposits. Instead, they share many characteristics in common with widespread Paleoproterozoic Sn-W deposits in the Amazon Craton, including close spatial and temporal relationships with reduced A-type B-Li-F granites, and the occurrence of greisen and quartz-rich vein/breccia systems within and above granite cupolas. The occurrence of sericitic alteration in the Paleoproterozoic Cu-Au deposits is not evidence for an upward transition to sericitic alteration in IOCG deposits in the Carajas Mineral Province.