Hematite is found in iron-mining areas. Because of the red color inside Hematite, it is also called bloodstone gem. Hematite has been associated with blood for thousands of years.It helps cure blood-related diseases. Drawing to the Hematite is a sign for lack of balance in life. By touching Hematite crystal, you will be calm with its subtle vibrations. The energy of Hematite attaches us to the energy of earth and brings the feelings of stability. Hematite is the birthstone of Cancer and Scorpio.