As nouns the difference between pegmatite and granite

is that pegmatite is a coarsely crystalline igneous or plutonic rock composed primarily of feldspar and quartz, normally with muscovite and/or biotite mica. Often contains other minerals, which may be of economic importance. Pegmatite is chemically identical to granite, but has a much coarser crystal structure. Common colors are gray, white, and pink. Pegmatite is quarried for decorative stone and as a source of beryllium, columbium and tantalum when these are present. Gemstones of the quartz/silicate family may also be found in pegmatites while granite is a group of igneous and plutonic rocks composed primarily of feldspar and quartz. Usually contains one or more dark minerals, which may be mica, pyroxene, or amphibole. Granite is quarried for building stone, road gravel, decorative stone, and tombstones. Common colors are gray, white, pink, and yellow-brown.

As a proper noun Granite is

an island in South Australia.