The exact history of the word malachite is unknown. The main theory is that it comes from the Ancient Greek word malache or malakee. These are the words used to describe the leaves of the mallow bush. This is still a popular plant that can be found across Europe, Asia and Africa. Another Ancient Greek word that malachite could have derived from is malakos, which means soft. This theory seems less likely since the mineral stone is not malleable. Healing Properties This stone has a number of healing properties and is well known to be beneficial as a protection stone. It can absorb negative, toxic and pollutant energies from around you and from within you. This means that you can use the stone to balance mood swings and help you to work on a positive outlook on life.