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What are Base Metals?

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Since the late 1930s, palladium has been utilized as a precious metal in jewelry. Because of its naturally white properties, palladium has been used as an alternative to white gold. Along with silver and nickel, palladium is popularly used in making white gold alloys. According to the British Geological Survey (BGS), the top four palladium-producing countries in the world are Russia, South Africa, Canada, and the United States (in this order). Among the platinum family members, osmium has the highest melting point and the lowest vapor pressure. This precious metal is nearly impossible to fabricate. When alloyed with some of the other metals in the platinum group, such as iridium or platinum, osmium is used in certain applications where extreme hardness and durability are required. As of 2008, about 1.3 million kilograms of South African gold, contained in Krugerrand coins, have been sold. Unlike the bullion coin series of other countries, which come in gold and silver, the Krugerrand comes only in gold. Coins made of silver that are passed off as "Krugerrands" are neither produced by the South African Mint Company nor sanctioned by the government of South Africa. The same can be said of bismuth, which has a mass abundance half less than that of palladium, but with a price of only a little more than a tenth of tellurium's price. In terms of mass abundance, expressed in parts per billion (ppb), here's how the nine precious metals are ranked (rare to rarest): 9th: silver (75 ppb); 8th: palladium (15 ppb); 7th: gold (4 ppb); 6th: osmium (1.5 ppb); 5th to 3rd: iridium, rhodium, and ruthenium (1 ppb); 2nd: rhenium (0.7 ppb); and 1st: platinum (0.003 ppb). mol-1 (second) The term "gold" was derived from "geolu", an Old English Anglo-Saxon word which means "yellow". Its symbol "Au", on the other hand, originated from "aurum", the Latin word for "gold". The exact period when gold was first discovered could be a subject of dispute. The nugget's discoverer, Kevin Hillier, was aided by a metal detector in this precious find. Hillier found the nugget in a vertical position just a foot below the surface. The Hand of Faith weighs 874.82 troy ounces (60 pounds) and measures 1.54 feet (0.47 meter) x 0.66 feet (0.20 meter) x 0.30 feet (0.09 meter). 

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