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Metals Trading - How and Where to Trade Base and Precious Metals

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mol-1 Atomic: Oxidation States: 6, 5, 4, 3, 2, 1, -1 Electronegativity: 2.28 (Pauling scale) Atomic Radius: 134 picometre Covalent Radius: 142 7 picometre Ionization Energies: 719.7 kJ.mol-1 (first), 1740 kJ.mol-1 (second), 2997 kJ.mol-1 (third) The principal use of rhodium is as a catalytic converter in automotive vehicles, which reduces the toxicity of engine emissions by converting these into less harmful gases. 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). Thus the mining of alluvial deposits for gold and other precious metal deposits is called "placer mining". Placer mining may be done through a number of tunneling procedures into riverbeds. There also are the open-cast mining and hydraulic mining. In the former, placer mining is done by open-pit; in the latter, water pressure is used for excavation. The ranking appears different when the estimated world market prices, per troy ounce, of these nine precious metals are considered (estimates as of January 2010): 1st: Rhodium - USD2,750 2nd: Platinum - USD1,555 3rd: Gold - USD1,131 4th: Palladium - USD424 5th: Iridium - USD408 6th: Osmium - USD380 7th: Rhenium - USD194 8th: Ruthenium - USD173 9th: Silver - USD18 Of the nine precious metals, gold and silver are the best known. federal agency CDC reveal that exposure to platinum salts, on the short term, may cause nose, throat, and eye irritation. Long-term exposure to these compounds, on the other hand, may cause skin and respiratory allergies. Palladium: Palladium in bulk metallic form is completely inert. The same can't be said though of the metal in finely divided form, which can readily ignite in air. Qualifying this further, only two of these three traditional coinage metals are considered precious metals. These are gold and silver. Gold and silver are rare and have high economic values. These things can't be said of copper, the other traditional coinage metal. Occurring in nature in metallic form, these two precious metals can be produced sans the use of extraction metallurgy. 

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