The Quaternary pyroclastic succession of southeast Tenerife, Canary Islands: Explosive eruptions, related caldera subsidence, and sector collapse

A much-revised Quaternary stratigraphy is presented for ignimbrites and pumice fall deposits of the Bandas del Sur, in southern Tenerife. New Ar-41/Ar-39 data obtained for the Arico, Granadilla, Fasnia, Poris, La Caleta and Abrigo formations are presented, allowing correlation with previously dated offshore marine ashfall layers and volcaniclastic sediments. We also provide a minimum age of 287 +/- 7 ka for a major sector collapse event at the Gaimar valley. The Bandas del Sur succession includes more than seven widespread ignimbrite sheets that have similar characteristics, including widespread basal Plinian layers, predominantly phonolite composition, ignimbrites with similar extensive geographic distributions, thin condensed veneers with abundant diffuse bedding and complex lateral and vertical grading patterns, lateral gradations into localized massive facies within palaeo-wadis, and widespread lithic breccia layers that probably record caldera-forming eruptions. Each ignimbrite sheet records substantial bypassing of pyroclastic material into the ocean. The succession indicates that Las Canadas volcano underwent a series of major explosive eruptions, each starting with a Plinian phase followed by emplacement of ignimbrites and thin ash layers, some of coignimbrite origin. Several of the ignimbrite sheets are compositionally zoned and contain subordinate mafic pumices and banded pumices indicative of magma mingling immediately prior to eruption. Because passage of each pyroclastic density current was characterized by phases of non-deposition and erosion, the entire course of each eruption is incompletely recorded at any one location, accounting for some previously perceived differences between the units. Because each current passed into the ocean, estimating eruption volumes is virtually impossible. Nevertheless, the consistent widespread distributions and the presence of lithic breccias within most of the ignimbrite sheets suggest that at least seven caldera collapse eruptions are recorded in the Bandas del Sur succession and probably formed a complex, nested collapse structure. Detailed field relationships show that extensive ignimbrite sheets (e.g. the Arico, Poris and La Caleta formations) relate to previously unrecognized caldera collapse events. We envisage that the evolution of the nested Las Cahadas caldera is more complex than previously thought and involved a protracted history of successive ignimbrite-related caldera collapse events, and large sector collapse events, interspersed with edifice-building phases.

Petrology and geochemistry of the Quaternary Caldera-forming, Phonolitic Granadilla Eruption, Tenerife (Canary Islands)

The Granadilla eruption at 600 ka was one of the largest phonolitic explosive eruptions from the Las Cañadas volcano on Tenerife, producing a classical plinian eruptive sequence of a widespread pumice fall deposit overlain by an ignimbrite. The eruption resulted in a major phase of caldera collapse that probably destroyed the shallow-level magma chamber system. Granadilla pumices contain a diverse phenocryst assemblage of alkali feldspar + biotite + sodian diopside to aegirine–augite + titanomagnetite + ilmenite + nosean/haüyne + titanite + apatite; alkali feldspar is the dominant phenocryst and biotite is the main ferromagnesian phase. Kaersutite and partially resorbed plagioclase (oligoclase to sodic andesine) are present in some eruptive units, particularly in pumice erupted during the early plinian phase, and in the Granadilla ignimbrite at the top of the sequence. Associated with the kaersutite and plagioclase are small clots of microlitic plagioclase and kaersutite interpreted as quenched blebs of tephriphonolitic magma within the phonolite pumice. The Granadilla Member has previously been recognized as an example of reverse-then-normal compositional zonation, where the zonation is primarily expressed in terms of substantial variations in trace element abundances with limited major element variation (cryptic zonation). Evidence for cryptic zonation is also provided by the chemistry of the phenocryst phases, and corresponding changes in intensive parameters (e.g. T, f O2, f  H2O). Geothermometry estimates indicate that the main body of phonolite magma had a temperature gradient from 860 °C to ∼790 °C, with hotter magma (≥900 °C) tapped at the onset and terminal phases of the eruption. The reverse-then-normal chemical and thermal zonation reflects the initial tapping of a partially hybridized magma (mixing of phonolite and tephriphonolite), followed by the more sequential tapping of a zoned and relatively large body of highly evolved phonolite at a new vent and during the main plinian phase. This suggests that the different magma types within the main holding chamber could have been laterally juxtaposed, as well as in a density-stratified arrangement. Correlations between the presence of mixed phenocryst populations (i.e. presence of plagioclase and kaersutite) and coarser pumice fall layers suggest that increased eruption vigour led to the tapping of hybridized and/or less evolved magma probably from greater depths in the chamber. New oxygen isotope data for glass and mineral separates preclude syn-eruptive interaction between the vesiculating magma and hydrothermal fluids as the cause of the Sr isotope disequilibrium identified previously for the deposit. Enrichment in radiogenic Sr in the pumice glass has more likely been due to low-temperature exchange with meteoric water that was enriched in 87Sr by sea spray, which may be a common process affecting porous and glassy pyroclastic deposits on oceanic islands.

The Granada ignimbrite: A compound pyroclastic unit and its relationship with Upper Miocene caldera volcanism in the northern Puna

The Granada ignimbrite, an Upper Miocene volcanic unit from the northern Puna, previously has been interpreted as an extensive ignimbrite (>2300 km(2)) associated with eruptions from the Vilama caldera (trap-door event). On the basis of new data, we revise its correlation and redefine the unit as a compound, high aspect ratio ignimbrite, erupted at approximately 9.8 Ma. Calculated volumes (similar to 100 km(3)) are only moderate in comparison with other large volume (>1000 km(3)) ignimbrites that erupted approximately 2-6 m.y. later in the region (e.g. Vilama, Panizos, Atana). Six new volcanic units are recognized from sequences previously correlated with Granada (only one sourced from the same center). Consequently, the area ascribed to the Granada ignimbrite is substantially reduced (630 km(2)), and links to the Vilama caldera are not supported. Transport directions suggest the volcanic source for the Granada ignimbrite corresponds to vents buried under younger (>= 7.9-5 Ma) volcanic rocks of the Abra Granada volcanic complex. Episodes of caldera collapse at some stage of eruption are likely, though their nature and timing cannot be defined from available data. The eruption of the Granada ignimbrite marks the onset of a phase of large volume (caldera-sourced) volcanism in the northern Puna. (C) 2007 Elsevier Ltd. All rights reserved.

Mafic Plinian volcanism and ignimbrite emplacement at Tofua volcano, Tonga

Tofua Island is the largest emergent mafic volcano within the Tofua arc, Tonga, southwest Pacific. The volcano is dominated by a distinctive caldera averaging 4 km in diameter, containing a freshwater lake in the south and east. The latest paroxysmal (VEI 5-6) explosive volcanism includes two phases of activity, each emplacing a high-grade ignimbrite. The products are basaltic andesites with between 52 wt.% and 57 wt.% SiO(2). The first and largest eruption caused the inward collapse of a stratovolcano and produced the 'Tofua' ignimbrite and a sub-circular caldera located slightly northwest of the island's centre. This ignimbrite was deposited in a radial fashion over the entire island, with associated Plinian fall deposits up to 0.5 m thick on islands > 40 km away. Common sub-rounded and frequently cauliform scoria bombs throughout the ignimbrite attest to a small degree of marginal magma-water interaction. The common intense welding of the coarse-grained eruptive products, however, suggests that the majority of the erupted magma was hot, water-undersaturated and supplied at high rates with moderately low fragmentation efficiency and low levels of interaction with external water. We propose that the development of a water-saturated dacite body at shallow (<6 km) depth resulted in failure of the chamber roof to cause sudden evacuation of material, producing a Plinian eruption column. Following a brief period of quiescence, largescale faulting in the southeast of the island produced a second explosive phase believed to result from recharge of a chemically distinct magma depleted in incompatible elements. This similar, but smaller eruption, emplaced the 'Hokula' Ignimbrite sheet in the northeast of the island. A maximum total volume of 8 km(3) of juvenile material was erupted by these events. The main eruption column is estimated to have reached a height of similar to 12 km, and to have produced a major atmospheric injection of gas, and tephra recorded in the widespread series of fall deposits found on coral islands 40-80 km to the east (in the direction of regional upper-tropospheric winds). Radiocarbon dating of charcoal below the Tofua ignimbrite and organic material below the related fall units imply this eruption sequence occurred post 1,000 years BP. We estimate an eruption magnitude of 2.24x10(13) kg, sulphur release of 12 Tg and tentatively assign this eruption to the AD 1030 volcanic sulphate spike recorded in Antarctic ice sheet records.

Trace-element geochemistry of tholeiitic basalts from DSDP Hole 55-433C

Hole 433C, a multiple re-entry hole drilled in 1862 meters of water on Suiko Seamount in the central Emperor Seamounts, penetrated 387.5 meters of lava flows overlain by 163.0 meters of sediments. The recovered volcanic rocks consist of three flow units (1-3) of alkalic basalt underlain by more than 105 flows or flow lobes (Flow Units 4-67) of tholeiitic basalt. This study reports trace-element, including rare-earth element (REE), data for 25 samples from 24 of the least altered tholeiitic flows. These data are used to evaluate the origin and evolution of tholeiitic basalts from Suiko Seamount and to evaluate changes in the mantle source between the time when Suiko Seamount formed, 64.7 ± 1.1 m.y. ago (see Dalrymple et al., 1980), and the present day. Stearns (1946), Macdonald and Katsura (1964) and Macdonald (1968) have established that chemically distinct lavas erupt during four eruptive stages of development of a Hawaiian volcano. These stages, from initial to final, are shield-building, caldera-filling, post-caldera, and post-erosional. The lavas of the shield-building stage are tholeiitic basalts, which erupt rapidly and in great volume. The shield-building stage is quickly followed by caldera collapse and by the caldera-filling stage, during which the caldera is filled by tholeiitic and alkalic lavas. During the post-caldera stage, a relatively thin veneer of alkalic basalts and associated differentiated lavas are erupted, sometimes accompanied by minor eruptions of tholeiitic lava. After a period of volcanic quiescence and erosion, lavas of the nephelinitic suite, which include both alkalic basalts and strongly SiO2-undersaturated nephelinitic basalts, may erupt from satellite vents during the post-erosional stage. Many Hawaiian volcanoes develop through all four stages; but individual volcanoes have become extinct before the cycle is complete. We interpret the tholeiitic lavas drilled on Suiko Seamount to have erupted during either the shield-building or the caldera-filling stage, and the overlying alkalic flows to have erupted during either the caldera-filling or the post-caldera stage (see Kirkpatrick et al., 1980).

Mineral chemistry of basalts at DSDP Leg 55 Holes

Microprobe mineral compositions of olivine, plagioclase, clinopyroxene, chrome spinel, ilmenite, and titanomagnetite are presented for 7 samples from 4 flows of hawaiite and one flow of tholeiitic basalt from Hole 430A at Ojin Seamount, 4 samples from 3 flows of alkalic basalt from Hole 432A at Nintoku Seamount, and 29 samples from 2 flows of alkalic basalt and 24 flows of tholeiitic basalt from Holes 433A, 433B, and 433C at Suiko Seamount. The four hawaiite flows from Hole 430A on Ojin Seamount have nearly identical mineralogy. The plagioclase phenocrysts and calculated equilibrium olivine appear to have crystallized at about 1175°C; the groundmass plagioclase crystallized from about 1135° to 1010°C; and the Fe-Ti oxides equilibrated at temperatures from 1000°C to 720°C under oxygen fugacities of 10**-11 to 10**-17. The single tholeiitic flow contains glomerocrysts of plagioclase (An80 to An65) and clinopyroxene (Wo43En46Fsn to Wo42En45Fs13). The plagioclase phenocrysts give calculated temperatures as high as 1400°C, indicating that they were not equilibrated with a magma having the bulk rock composition. The plagioclase groundmass crystallized at 1120° to 1070°C, and the Fe-Ti oxides equilibrated at 1070° to 930°C under oxygen fugacities of 10**-10 to 10**-12. Using mineral compositions of Hawaiian basalts as a guide, we infer that the hawaiite flows were erupted during the post-caldera alkalic eruptive stage and the tholeiite was erupted during the shield-building or caldera collapse stage. The three alkalic basalt flows from Hole 432A on Nintoku Seamount have similar mineralogy, although Flow Units 1 and 2 contain much more abundant plagioclase phenocrysts. The groundmass plagioclase crystallized at temperatures between 1175° and 1000°C. The olivine and plagioclase phenocrysts do not appear to be in equilibrium with the enclosing magmas. The mineral compositions suggest that these samples are intermediate between alkalic basalt and hawaiite; they probably erupted during the post-caldera alkalic stage of eruption. The two analyzed alkalic basalt flows are the two youngest flows recovered at Holes 433A, 433B, and 433C. Flow Unit 1 contains abundant sector-zoned clinopyroxene, and Flow Unit 2 contains rare kink-banded olivine xenocrysts. The plagioclase phenocrysts yield calculated temperatures of 1440° to 1250°C, indicating that they are probably not cognate. Calculated-equilibrium olivine indicates crystallization of olivine at about 1170°C. The Fe-Ti oxides equilibrated at temperatures of 1140° to 870°C under oxygen fugacities of 10**-9 to 10**-14. The groundmass plagioclase crystallized at temperatures of 1178° to 1035 °C. The mineral compositions indicate that these alkalic basalts erupted during the post-caldera alkalic eruptive stage. The 24 analyzed tholeiitic basalts are subdivided on the basis of phenocryst abundances into olivine tholeiites, plagioclase tholeiites, and tholeiites. The crystallization sequence appears to have been chrome spinel, olivine, plagioclase, and clinopyroxene as phenocryst phases, followed by and overlapping with groundmass crystallization of plagioclase (1180° to 920°C), clinopyroxene, and Fe-Ti oxides (1140° to 670°C). At least three flows contain pigeonite. The mineral compositions indicate that all the samples from Flow Unit 4 downward are tholeiitic basalts, although Flow Unit 64 has mineral compositions transitional to those in alkalic basalts.

Chemical composition of volcanic ash layers from ODP Leg 134 sites

Volcanic ash layers (1-3 cm thick) are abundant in the North Aoba Basin drill sites but less common at forearc sites. Ash deposited on the forearc slopes is liable to be redistributed as turbidites. In addition, the westerly upper winds also minimize ash-fall on the western (forearc) side of the New Hebrides Island Arc. Crystalline components in the ashes are primarily plagioclase (An90-An44), clinopyroxene (Ca46Mg49Fe5-Ca43Mg33Fe24), olivine (Fo87-Fo62), and titanomagnetite. There are also small amounts of orthopyroxene, magnetite, apatite, and quartz. Glass shards occur in most of the ashes and range in composition from basalt to rhyolite. There is often a variety of glass compositions within a single ash layer. One explanation for this is that the rate of accumulation of ash from several different eruptions or eruptive phases exceeded the background sedimentation rate: there may also have been a certain amount of reworking. The high-K and low-K trends previously recognized in volcanic rocks from the New Hebrides Island Arc are clearly represented in the Leg 134 glasses. All of the ashes investigated here are thought to have originated from the Central Chain volcanoes. The source of the high-K group was probably the Central Basin volcanoes of Santa Maria, Aoba, and Ambrym. The lower-K series includes a distinctive group of dacites and is likely to have originated from the Epi-Tongoa-Tongariki sector of the arc where major pyroclastic eruptions, associated with caldera collapse, have occurred during the Holocene, perhaps as recently as 400 yr ago.

The aftermath of the Lehman Brothers collapse in Hong Kong : the saga, regulatory deficiencies and government responses

The paper examines the fallout of the Lehman Brothers collapse in Hong Kong. As an international financial hub in Asia, Hong Kong was profoundly affected by the collapse of this company. As a result, it impacted negatively on the public’s confidence in the Hong Kong’s banking sector. Furthermore, this event has exposed a number of regulatory deficiencies in Hong Kong. In response to this financial crisis, the Hong Kong government had made an unprecedented move to negotiate with local banks to refund the investors. In addition, the government has also sought public consultation on proposal to enhance the regulation of the sale of financial products. This paper argues that there needs to be amendments to the prevailing laws and the inclusions of legal rules to back up those proposed measures so that the disclosed information from the financial institution will not mislead the investors or misrepresent the products offered.