Attenuated Total Reflection (ATR) IR spectroscopy was utilized to monitor adsorption of sodium oleate and sodium silicate onto synthetic magnetite at pH=8.5, both individually and in a competitive manner. Oleate was adsorbed within a concentration range of 0.01 mM-0.5 mM. It was observed that adsorption of oleate increased linearly with increasing concentration of oleate in solution up to a concentration of 0.1 mM. The infrared spectrum of oleate showed a broad single band at 1535 cm-1 assigned to the asymmetric stretching vibration of carboxylate, implying chemisorption of oleate to the magnetite surface. The kinetics of oleate adsorption followed a pseudo first-order reaction with an apparent rate constant of k1= 0.030 ± 0.002 min-1. Competitve adsorption of silicate and oleate was performed either by adding silicate solution to a magnetite film initially equilibrated with 0.1 mM oleate or adding oleate solution to magnetite treated with silicate solutions in the concentration range 0.1 mM - 5mM. It was shown that silicate, within reasonable time, had only minor effect on the amount of oleate already adsorbed on magnetite. On the other hand, oleate did not efficiently compete with silicate if the latter substance was already adsorbed on the iron oxide.