10 research outputs found
Suitability of the 2.5% net discount rate for quantum of damage calculations in South Africa
This study is on the 2.5% real discount rate used to calculate the lump sum payment in the event of a compensation claim. The aptness of this 2.5% real discount rate is assessed through a statistical analysis of government bonds and inflation data over the past 59 years. The investigation yields evidence that the discount rate over the last 59 years may be mean reverting and would be a good approximation to use in the future. Also, an interesting relationship was found between the introduction of inflation targeting in the year 2000 and the stationarity of the series. It must be considered that the timing and duration of variation from the 2.5% cannot be predicted, but reversion to the series mean seems to always occur. The practice of using the 2.5% in the South African context is also compared to other practices globally. Finally, circumstances for the departure from the 2.5% discount rate are investigated, with some suggestions
Inflation of 430-parsec bipolar radio bubbles in the Galactic Centre by an energetic event
The Galactic Centre contains a supermassive black hole with a mass of four million Suns1 within an environment that differs markedly from that of the Galactic disk. Although the black hole is essentially quiescent in the broader context of active galactic nuclei, X-ray observations have provided evidence for energetic outbursts from its surroundings2. Also, although the levels of star formation in the Galactic Centre have been approximately constant over the past few hundred million years, there is evidence of increased short-duration bursts3, strongly influenced by the interaction of the black hole with the enhanced gas density present within the ring-like central molecular zone4 at Galactic longitude |l| < 0.7 degrees and latitude |b| < 0.2 degrees. The inner 200-parsec region is characterized by large amounts of warm molecular gas5, a high cosmic-ray ionization rate6, unusual gas chemistry, enhanced synchrotron emission7,8, and a multitude of radio-emitting magnetized filaments9, the origin of which has not been established. Here we report radio imaging that reveals a bipolar bubble structure, with an overall span of 1 degree by 3 degrees (140 parsecs × 430 parsecs), extending above and below the Galactic plane and apparently associated with the Galactic Centre. The structure is edge-brightened and bounded, with symmetry implying creation by an energetic event in the Galactic Centre. We estimate the age of the bubbles to be a few million years, with a total energy of 7 × 1052 ergs. We postulate that the progenitor event was a major contributor to the increased cosmic-ray density in the Galactic Centre, and is in turn the principal source of the relativistic particles required to power the synchrotron emission of the radio filaments within and in the vicinity of the bubble cavities
Insights into the endophytic bacterial community comparison and their potential role in the dimorphic seeds of halophyte Suaeda glauca
Histomorphological analysis of the variability of the human skeleton: forensic implications
Litho- and chemostratigraphy of the Flatreef PGE deposit, northern Bushveld Complex
The Flatreef is a world-class platinum-group element (PGE) deposit recently discovered down-dip from existing mining and exploration operations on the northern limb of the Bushveld Complex. Current indicated resources stand at 42 Moz PGE (346 Mt with 3.8 g/t Pt+Pd+Rh+Au, 0.32% Ni and 0.16% Cu) which, in the case of Pt, is equivalent to ~ 10 years global annual production, making it one of the largest PGE deposits on earth. The grade and thickness of the Flatreef mineralised interval is highly unusual, with some drill core intersections containing up to 4.5 g/t Pt+Pd+Rh+Au over 90 m in drill core. Here, we document the down-dip and along-strike litho- and chemostratigraphy of the Flatreef and its footwall and hanging wall rocks, based on a diamond drill core database totalling > 720 km. At the base of the sequence intersected in the drill cores are up to 700-m-thick sills of ultramafic rocks (dunite, harzburgite, pyroxenite) emplaced into pelitic, dolomitic, and locally quartzitic and evaporitic rocks belonging to the Duitschland Formation of the Transvaal Supergroup. Next is an approximately 100–200-m sequence of low-grade-sulphide-mineralised, layered mafic-ultramafic rocks containing abundant sedimentary xenoliths and, in places, several chromite seams or stringers. This is overlain by a ~ 100-m-thick sequence of well-mineralised mafic-ultramafic rocks (the Flatreef sensu strictu), overlain by a laterally persistent mottled compositional analogies at the base of > 1 km of homogenous Main Zone gabbronorite. Based on stratigraphic, lithological and compositional alanalogies to the layered rocks in the eastern and western Bushveld Complex, we correlate the Flatreef and its chromite bearing footwall rocks with the Upper Critical Zone, notably the interval between the UG2 chromitite and the Bastard Reef as found elsewhere in the Bushveld Complex. This includes recognition of a Merensky Reef correlative. The ultramafic rocks below the main chromitite seam (UG2 correlative) in the Flatreef footwall are correlated with the Lower Critical and Lower zones. However, compared to the western and eastern Bushveld limbs, the studied sequence is strongly enriched in sulphide and PGE, many of the rocks show elevated CaO, K2O, Rb and Zr contents, and lateral continuity of layers between drill cores is less pronounced than elsewhere in the Bushveld, whereas ultramafic units are locally considerably thickened. These compositional and lithological traits are interpreted to result from a range of processes which include contamination with calcsilicate and hornfels, intrusion of granitic magmas, and the influence of multiple structural events such as pre- to syn-emplacement regional-scale open folding and growth faults. Evidence for the existence of potholes also exists. In the shallow, up-dip portions of the project area, the entire magmatic sequence below the Main Zone becomes increasingly contaminated to the extent that individual units are somewhat more difficult to correlate between drill cores. This package represents the Platreef as exposed in outcrop and shallow bore holes across much of the northern limb of the Bushveld Complex. The new data presented here thus indicate that the Platreef is a relatively more contaminated up-dip extension of parts of the Critical and Lower zones