The Norilsk deposits, unique both in their geological structure and reserves of nickel and platinum, have attracted the attention of researchers for several decades. Several hypotheses have been proposed to explain their formation. Two of them are the most widely accepted: the model of ore formation in an intermediate chamber from picritic melt enriched in sulphides and the formation of sulphides in situ through the assimilation of sulphate-bearing sediments by tholeiitic magma as it rises to the surface. The main questions regarding the genesis of these deposits are: the composition of the parental magmas that formed the ore-bearing massifs; the relationship between intrusions and effusive rocks; and the extent and role of assimilation of host rocks by magmas. These issues are discussed in the article using a large amount of analytical data obtained by the author during the study of the magmatic rocks and geological structures in the Norilsk area. Based on these data, it was concluded that none of the proposed models could fully explain all observed geological features of the deposits as well as the appearance of the unique sulphide ores. In order to solve the problem of the genesis of the Norilsk deposits, it is necessary to analyse the evolution of P3-T1 magmatism over time in the Siberian large igneous province, especially in its eastern part, and to determine its association with ore-forming processes; and its investigating it is a priority task for understanding sulphide ore formation. Solving this task should be based not only on geophysical data but also on studies of the geochemistry of igneous rocks within the province.