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Final answer:Precious gems are found in abundance in several countries in South America, including Brazil, Peru, Argentina, Bolivia, Chile, Colombia, and Venezuela.Explanation:Precious gems are found in abundance in several countries in South America. Brazil is known for its vast reserves of emeralds, diamonds, and gold. Peru is rich in silver and gold deposits. Argentina has significant deposits of gold and copper. Bolivia is a major producer of silver. Chile is known for its copper mines. Colombia and Venezuela have significant reserves of emeralds and gold.Learn more about precious gem deposits in South America here:brainly.com/question/33724074...