Garnet–spinel lherzolites from Antarctica and peridotites from Mongolia were fluid saturated, which is indicated by the presence of fluid inclusions in their minerals. Flows of reactive fluids caused extensive metasomatic alteration of mantle materials. The cryometric and Raman spectroscopic investigation of the Antarctic xenoliths showed that their fluid was a complex mixture of CO2, N2, H2S, and H2O with a density of up to 1.23 g/cm3. The entrapment of fluids was accompanied by the formation of clusters of numerous sulfide inclusions. The compositions of these inclusions correspond to a Ni-rich sulfide melt and a monosulfide solid solution. The partition coefficient of Ni between them (DNimss/melt) ranges from 0.99 to 3.23, which suggests that the two-phase sulfide assemblages in the partly decrepitated inclusions equilibrated at 920–1060°C. In order to refine the initial P-T conditions of the development of the Antarctic peridotites, the results of our investigation were evaluated in the light of experimental data on (1) the stability field of the two-phase assemblage mss + sulfide melt, (2) the solidus of peridotite + 0.9CO2 + 0.1 H2O, and (3) isochores of 0.8CO2 + 0.2N2 fluid. The obtained parameters are close to 1270–1280°C and 2.2 GPa and lie near the Sp–Gar boundary. The temperature of the existence of sulfide melt at a pressure of 2.2 GPa must be near 1300°C and corresponds to the boundary between the occurrence of carbon as CO2 fluid and carbonate (carbonate melt).