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The mineral often referred to as "liquid gold" is oil, particularly crude oil. This nickname stems from its high economic value and critical role in powering the global economy, as it is a primary source of energy and a key raw material for various industries, including transportation, manufacturing, and chemicals. Additionally, its ability to generate significant wealth for nations and companies further solidifies its status as "liquid gold."

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1w ago

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Which are mineral's oil or gold?

Gold is a mineral, whereas mineral oil is a liquid mixture of hydrocarbons extracted from the earth. Gold is valued for its beauty and rarity, while mineral oil is commonly used in cosmetic and industrial applications.


Which mineral is known as black gold?

Coal is known as 'Black Gold' due to its multiple uses.


What mineral is found in the northern Piedmont province is known as fools gold?

The mineral found in the northern Piedmont province that is known as fool's gold is pyrite. Pyrite is a common sulfide mineral that has a shiny, metallic appearance similar to gold, but it does not contain any actual gold content.


What mineral is gold confused with?

Iron Oxide. Pyrite is known also as "Fool's Gold"


Is gold a single element mineral?

Yes, gold is a single element mineral, as it is composed solely of the element gold. It is a precious metal that is known for its luster and durability.


Which is known as liquid gold?

Petroleum is called liquid gold because of its high price and value and its economic "need".


What mineral is sample f on gizmo's?

Sample F on the Gizmo is pyrite, a common mineral known for its metallic luster and golden color. It is also known as "fool's gold" because of its resemblance to real gold.


What is the liquid in vials of gold?

The liquid in vials of gold is typically a clear liquid known as gold chloride solution. It is used in various applications such as electroplating and chemical synthesis processes.


This mineral is liquid at room temperature.its best-known use is in thermomters?

Mercury.


Main mineral mined Kalgoorlie?

Nickel and telluride minerals are mined at Kalgoorlie.However, Kalgoorlie is best known for its rich gold deposits. Gold is a metal, not a mineral.


What type of mineral is fool's gold?

Fool's gold is not a mineral, but rather a mineral known as iron pyrite. It has a brassy yellow color that resembles gold, hence the nickname "fool's gold." While it may look like gold, it does not contain any gold content.


What element is known as fool's gold?

pyrite is known as fools gold.This mineral's metallic luster and pale-to-normal, brass-yellow hue have earned it the nickname fool's gold because of its resemblance to gold.