Convergent margins are a hallmark feature of modern style plate tectonics. One expression of their operation is metallogenesis, which therefore may yield important insights into secular changes in styles of convergence and subduction. A global comparison of metallogenesis along convergent margins of over 20 well-endowed provinces indicates a consistent and systematic progression of mineral deposit types. We term this progression the convergent margin metallogenic cycle (CMMC). This CMMC mirrors convergent margin evolution. Each metallogenic cycle begins with the formation of porphyry copper deposits and/or volcanic-hosted massive sulphide deposits, associated with arc construction and back arc basin formation, respectively. When the convergent margin transitions into contraction/orogenesis due to processes such as accretion, flattening of subduction, or continent-continent collision, mineral deposits that form include orogenic gold and structurally hosted base metal deposits. Post-contractional extension is marked by the formation of intrusion related rare metal (tin, tungsten, molybdenum) and gold deposits, pegmatites, and alkaline porphyry copper deposits, closing the CMMC. Our analysis of the metallogenic record reveals that prior to ~3 Ga, metallogenesis is episodic and non-systematic, with CMMCs not recognised. From the mid- to late Mesoarchean onwards, CMMCs are observed in all provinces analysed, and display systematic trends through time: the mid-Meso- to Neoarchean metallogenic provinces are characterized by a single metallogenic cycle, whereas in the Paleo- to Mesoproterozoic provinces, both single and multiple metallogenic cycles occur. From the middle Neoproterozoic onwards multiple metallogenic cycles are the rule. This evolution is accompanied by an increase in the duration of metallogenesis, ranging from ~100 to 180 million years in the Meso- to Neoarchean and 220 to more than 400 million years since the late Proterozoic. We interpret these trends to reflect secular changes in tectonic processes and Earth evolution. The emergence of CMMCs from ~3 Ga provides independent evidence for the operation of some early form of subduction since this time. The fact that CMMCs are recognized in all provinces of mid-Meso- to Neoarchean age suggests that subduction was the common modus operandi rather than an exception. The first appearance of multiple metallogenic cycles in the Paleoproterozoic may reflect the strengthening of cratonic margins by tectonothermal maturation since formation in the Archean. Long-lived metallogenesis and multiple metallogenic cycles in the Neoproterozoic and Phanerozoic are linked to deep-slab break-off, or modern, subduction in which the internal strength of the subducting slab allows maintenance of slab coherency.