The Most Expensive Minerals on Earth

A mineral is a natural-occurring, inorganic solid with a definite chemical composition and ordered atomic arrangement. We use minerals all the time even if we are not aware of it. For example, the salt we shake onto our food is the mineral halite and the lead in our pencils is the mineral graphite.

There are many very common minerals that nature provides us. But there are also some quite rare and expensive ones. These include:

Painite. It is red in color and hexagonal in shape. Painite was once considered to be the rarest gem on Earth. It has a value of $50,000-$60,000 per carat.

Rhodium. This is a silvery white metal that can be alloyed with other minerals to coat objects like mirrors and jewelry. It is valued at $56 per gram http://findstone.co/expensive-minerals-world/.

Black opal. This kind of opal has a dark body tone and rich colors. Almost all of this mineral is mined in Australia. Black opal is valued at up to $15,700 per carat.

Diamond. This is the most popular mineral commercially speaking because of its use in jewelry trading. It is valued at about $55,000 per gram.

Gold. One of the most popular minerals in the world, gold is also one that is rather expensive. Analysts say that gold prices could reach $1450 per ounce in 2018.

Innovative Minerals is a mining company that understands the demands in the world for the mineral that is gold. It has developed a blockchain project that will be able to track the processes associated with mining this valuable mineral and also offers investors a cryptocurrency that is backed by the gold that is mined. To find out more, go to www.innovative-minerals.io.

Sources: Oxford University Museum of Natural History, Geology.com, Mining People International, Gemdat.org, Findstone, Gemstory, Mining Greece, BullionVault