THE MOST VALUABLE

ELEMENTS & MINERAL

RESOURCES
MOST VALUABLE ELEMENTS:-

• JADEITE
SOLD FOR MORE THAN $3 MILLION PER CARAT.

• RED DIAMOND
SOLD FOR MORE THAN $2 MILLION PER CARAT.
• SERENDIBITE
SOLD FOR MORE THAN $1.5 MILLION PER CARAT.

• BLUE GARNET
SOLD FOR MORE THAN $1 MILLION PER CARAT.

• GRANDIDIERITE
SOLD FOR MORE THAN $100,000 PER CARAT.
• PAINITE
SOLD FOR MORE THAN $50,000 PER CARAT.

• MUSGRAVITE
SOLD FOR MORE THAN $35,000 PER CARAT.

• BIXBITE
SOLD FOR MORE THAN $10,000 PER CART.
• BLACK OPAL
SOLD FOR MORE THAN $2,355 PER CARAT.

• JERMEJEVITE
SOLD FOR MORE THAN $2,000 PER CARAT.
•MINERAL RESOURCES:-
MINERALS ARE DEFINED AS HOMOGENOUS, NATURALLY
OCCURRING, INORGANIC SOLIDS, EACH HAVING THEIR OWN
CHARACTERISTIC CHEMICAL COMPOSITION AND HIGHLY
ORDERED ATOMIC STRUCTURE. IT IS ESTIMATED THAT THERE
ARE SOME 4,000 MINERAL TYPES. A ROCK IS AN AGGREGATE OF
ONE OR MORE MINERALS OR A BODY OF UNDIFFERENTIATED
MINERAL MATTER.
• MINERALS CAN BE CATEGORIZED IN A VARIETY OF WAYS,
INCLUDING BY CHEMICAL OR CRYSTAL GROUP; COLOR;
STREAK; HARDNESS; AND ELEMENTAL AFFILIATION. THE DANA
CLASSIFICATION SYSTEM HAS BEEN ADOPTED AS THE PRIMARY
SYSTEM OF MINERALOGY, WITH ALL MINERALS BELONGING TO
A SPECIFIC CHEMICAL GROUP. COPPER AND DIAMOND ARE
EXAMPLES OF NATURALLY-OCCURRING MINERALS MADE UP OF
• IN AN EFFORT TO ASSESS THE QUANTITIES OF MINERAL
RESOURCES, THE U.S. GEOLOGICAL SURVEY USES A
CLASSIFICATION SYSTEM THAT EVALUATES THE DEGREE OF
CERTAINTY ABOUT THE EXISTENCE AND MAGNITUDE OF SUPPLIES
AND THE ECONOMIC FEASIBILITY OF RECOVERING THEM. IN THIS
SYSTEM, MINERAL RESERVES ARE DEFINED AS THOSE SUPPLIES
KNOWN TO EXIST WHICH ARE ALSO ECONOMICALLY AND
TECHNOLOGICALLY RECOVERABLE. THIS CAN BE QUITE
DIFFERENT FROM MINERAL RESOURCES, WHICH INCLUDE ALL
KNOWN, INFERRED, AND POTENTIAL SUPPLIES, WHETHER OR NOT
THEY ARE ECONOMICALLY AND TECHNOLOGICALLY
RECOVERABLE. SINCE SOME GOVERNMENTS AND BUSINESSES
MAY HAVE AN INCENTIVE TO KEEP THE INFORMATION PRIVATE,
AND NEW TECHNOLOGIES CAN INFLUENCE KNOWN SUPPLIES AND
RECOVERABILITY, THE DATA THAT IS AVAILABLE ON MINERAL
RESERVES AND RESOURCES ARE OFTEN MERELY ESTIMATES.
Thank you