The mineralization and geochemical features of the Tolparovo ore occurrence are studied to reveal the contribution of diagenetic and epigenetic processes in the formation of copper mineralization in redbed deposits. The methods of electron microscopy, ICP MS, X-ray fluorescence, X-ray phase, atomic absorption, thermogravimetric analyses, and C and O isotopic composition were used. The ore is confined to the fault zone and feathering dolomite–calcite veins, having formed at temperatures of ~330–200 °C and pressures of 0.8–0.2 kbar. Similar to other copper redbed occurrences of the Bashkirian uplift, the Tolparovo copper ore occurrence is confined to basal Neoproterozoic deposits. Siliciclastic and carbonate deposits of this level were accumulated at low paleoequator latitudes in arid climates of continental and coastal–marine environments close to evaporite ones. Rocks of this stratigraphic interval demonstrate increased background concentrations of copper (~2–5 times exceeding the clark), which explains the stratification of redbed copper ore occurrences, indicating a predominantly sedimentary copper source. However, most of the redbed copper ore occurrences of the Bashkirian uplift are located in tectonic zones and are associated with the dikes of the Inzer gabbrodolerite complex. This connects the generation of ore occurrences with the formation of the Southern Urals Arsha Large Igneous Province (707–732 Ma) and the activity of postmagmatic fluids. Magmatic processes were presumably activated due to the collapse of the Rodinia supercontinent. It is shown that copper mineralization in stratiform deposits may result from a joint manifestation of dia- and epigenesis processes.