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Quarries Of Precious Minerals Volcanoes are valuable for the precious stones and minerals that they store. Lava in volcanoes can crystallize to form various minerals, like gold, silver, diamonds, copper and zinc, depending on their mineral composition. These minerals are in high demand in various fields. Therefore, dormant or extinct volcanoes are ideal places for mining, this may lead to mining towns being formed near volcanoes and new jobs created.
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