Magnetite is also known as Lodestone and, sometimes also, Magnetic Hematite.
 
Magnetite Associations
Chakras - Base Chakra
Zodiac - Aries, Virgo, Capricorn, Aquarius
Element - Earth
Vibration - Number 4
Typical colours - Greyish black or iron black: metallic
 
Healing with Magnetite
Attracts love - Good luck - Health - Stability - Strength - Perspective - Mental telepathy

Magnetite is magnetic and has powerful positive-negative polarity.  It attracts and repels, energises and sedates.  It acts as a grounding stone.  Magnetite temporarily aligns the chakras, the subtle and etheric bodies.  It aids telepathy, meditation and visualisation.  Magnetite provides stability, balancing the intellect with the emotions.  It brings a balanced perspective and trust in your own intuition.  Magnetite attracts love, commitment and loyalty.  It alleviates negativity such as fear, anger and grief.  Brings positive qualities such as tenacity and endurance.
Magnetite is anti-inflammatory, relieves muscle aches and pains, and is beneficial for asthma, blood and the circulatory system, skin, and hair.  It stimulates sluggish organs and sedates overactive ones.  Magnetite provides healing energy necessary for recovery.