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The value of a mineral is determined by its?

The value of a mineral is primarily determined by its rarity, demand in the market, quality (purity and aesthetics), and the specific uses it has in various industries. Other factors such as location, size of the deposit, and geopolitical stability can also influence its value.


What are the uses of the mineral parisite?

Parisite is used as a collector's mineral due to its rarity and vibrant coloration. It is also used in jewelry making for unique and eye-catching gemstone pieces. Additionally, parisite can be studied by geologists and mineralogists to learn more about the geological processes that formed it.


What mineral resources (the yellow mineral)is mined from the active volcano?

The yellow mineral commonly associated with active volcanoes is sulfur. It is formed through volcanic gases that escape during eruptions and can accumulate in the vicinity of the volcano. Sulfur mining typically occurs in areas with geothermal activity, where it can be extracted for various industrial uses, including the production of sulfuric acid and fertilizers.


A soft mineral that you uses each time to write a pencil is?

Graphite is a soft form of carbon used in pencils. The graphite is mixed with clay, which also contain minerals,


What is the term for a mineral that contains a valuable metalic element?

The term for a mineral that contains a valuable metallic element is called an "ore." Ores are mined for the extraction of the metal, which can then be processed and refined for various uses. The economic value of an ore is determined by the concentration of the desired metal it contains and the cost of extraction.

Related Questions

What are the uses of a mineral?

iphone


What are two use of nonmetallic mineral?

what are two uses of nonmetallic mineral resources


Important uses for the ruby mineral?

it explodes on a diamond


Is Frankincense a mineral?

No, Frankincense is not a mineral. It is actually a resin from the Boswellia. It has several uses, such as disinfectants, sedatives, tonics, and astringent.


What property uses the color a mineral when it is broken up to identify it?

streak.


What are uses of a mineral resources?

Gemstones Metals Other useful minerals


What type of minerals are found in mineral makeup?

There are many different types of minerals found in a mineral makeup. Titanium Dioxide and Zinc are two minerals that Mineral Makeup uses in their products.


What is the mineral that keeps your blood healthy?

you have something called a blood sell it uses its mineral to keep the blood flowing


What are the uses of mineral oils in industry?

Minerals have many uses in different industries. Mineral oils are used in the mechanical industry as a lubricant. Minerals oils are used in the cosmetics industry as an ingredient in such things as baby oils and lotions.


Its a mineral that contains Calcium carbonate and breaks into rhombs?

The mineral is calcite. It is a form of calcium carbonate that typically breaks into rhombohedral-shaped crystals. Calcite is a common mineral in various geological settings and has many industrial uses.


What is pyroxene mineral used for?

There are a number of ways that pyroxene mineral is used. It is used for carvings commonly and the manufacture of lithium salts among other uses.


What property is used to identify minerals uses the color of the mineral when it's broken up?

StreakColor of the mineral when it is powdered.Grind a small amount of a mineral into a powder on a porcelain streak plate and determine the color of the powder.