The Magnet Cove igneous complex is a small alkalic ring complex lying to the west of the town of Magnet Cove in Hot Spring County, Arkansas. It and the adjacent town are so named due to the existence of magnetite and the terrain being a cove, a basin-shaped valley. The complex is of Mesozoic age, intruded into Paleozoic sediments. Mapping was conducted by the geologists Erickson and Blade in 1963. Units within the complex include carbonatite, nepheline syenite, phonolite, and ijolite. Many companies have mined the area over the last century, including the Diamond Jo Quarry.