We present results of ab initio band structure calculations on some AB
O(2) delafossite oxides that have both the A and B sites occupied by t
ransition metals. This class of materials includes insulators as well
as some of the most conducting oxides. The calculations have been perf
ormed in order to understand the nature of the metallic and insulating
states and the extensive metal-metal bonding displayed by these mater
ials. The effect of polytypism on the electronic structure is examined
. Among the interesting aspects of the electronic structure of these m
aterials are the contributions from both A and B atoms to states near
the Fermi energy and the highly disperse nature of bands derived from
the d(z2) orbitals of the A atom. This last feature is expected to be
important for stabilizing metallic ground states.