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Malachite derives its name from the Greek word "moloche," meaning mallow (a plant), which makes reference to its deep and rich green color. Malachite is found in various shades of green, but its base color is most usually dark green. Malachite very often exhibits banding, where bands of lighter or darker green run around the stone at irregular intervals. This provides a beautiful pattern that can be well displayed in jewelry. A widely occurring gemstone, malachite's supply easily meets demand, making it a low- to moderately-priced, easily accessible gemstone.

Malachite helps the wearer to enjoy harmony and loyalty. With its flow and movement, it is said to help to improve spiritual growth a powerful assist to those on a spiritual path. Malachite is thought to be of help in healing both physical and mental problems, and is also believed to bestow prosperity.

Malachite is rated at 3.5 to 4 on the Mohs scale of hardness, meaning that this gemstone is best suited to jewelry that receives less contact, such as pins/brooches, earrings and pendants.