The present article is based on data obtained by the study of the Puch
ezh-Katun and Popigai impact ring structures (astroblemes). The struct
ures were found to be diamond-bearing; therefore, they were prospected
and explored. As a result, a complex multistage development of the ri
ng structures and their endogenous nature were revealed. The formation
of ring structures starts with deep-seated high-power fluid explosion
s leading to the development of platformal basement uplifts. This proc
ess is accompanied by deep subsidence of the surrounding blocks and fo
rmation of peripheral calderas. Approaching the surface, the deep-seat
ed fluid explosions affect granite-gneiss uplifts and form explosive c
raters in their central sectors. The explosive waves disintegrate and
partially melt the granite-gneiss mass, which is partly precipitated b
ack into the ring structures. Here, this material fills the bottoms of
the central explosive craters and peripheral subsidence calderas to f
orm allogenic breccias. The diamond-bearing potential of the impact me
lts is derived at the expense of graphite of the initial gneisses and
the development of the reactions H-2 + CO = C (diamond) + H2O. This pr
ocess accompanies a unique impact melting of granite-gneisses differen
tiated with respect to several minerals. The produced silicate melts d
iffer from the initial granite-gneisses by high contents of many ore m
etals: it testifies to the ore-bearing nature of the fluid flows origi
nating in these explosive structures. Approaching the surface, the flu
id flows, having an initially hydrogen composition, experience transfo
rmation and become saturated with water, decreasing the temperature of
fluid melting of the crust and mantle. As a result, the formation of
explosive chambers below the ring structures is accompanied by the man
ifestation of ore-bearing magmatism, metasomatism, and stratiform ore
mineralization. During the ascension of ore metals, transport reaction
s change the migration forms of these metals, for example, H-2 + CO 3AuCl = C + 2Au + H-2 [AuCl3O]. These reactions reflect a joint accumu
lation of ore metals and carbon, typical for stratiform deposits relat
ed to ring structures and black-shale type ore deposits.