• Title/Summary/Keyword: deposit

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The Dynamic Relationship between Household Loans of Depository Institutions and Housing Prices after the Financial Crisis (금융위기 이후 예금취급기관 가계대출과 주택가격의 동태적 관계)

  • Han, Gyu-Sik
    • Asia-Pacific Journal of Business
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    • v.11 no.4
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    • pp.189-203
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    • 2020
  • Purpose - This study aims in analyzing the dynamic relationship between household loans and housing prices according to the characteristics of depository institutions after the financial crisis, identifying the recent trends between them, and making policy suggestions for stabilizing house prices. Design/methodology/approach - The monthly data used in this study are household loans, household loan interest rates, and housing prices ranging from January 2012 to May 2020, and came from ECOS of the Bank of Korea and Liiv-on of Kookmin Bank. This study used vector auto-regression, generalized impulse response function, and forecast error variance decomposition with the data so as to yield analysis results. Findings - The analysis of this study no more shows that the household loan interest rates in both deposit banks and non-bank deposit institutions had statistically significant effects on housing prices. Also, unlike the previous studies, there was statistically significant bi-directional causality between housing prices and household loans in neither deposit banks nor non-bank deposit institutions. Rather, it was found that there is a unidirectional causality from housing prices to household loans in deposit banks, which is considered that housing prices have one-sided effects on household loans due to the overheated housing market after the financial crisis. Research implications or Originality - As a result, Korea's housing market is closely related to deposit banks, and housing prices are acting as more dominant information variables than interest rates or loans under the long-term low interest rate trend. Therefore, in order to stabilize housing prices, the housing supply must be continuously made so that everyone can enjoy housing services equally. In addition, the expansion and reinforcement of the social security net should be realized systematically so as to stop households from being troubled with the housing price decline.

A Study about the Deposit Stations in Japanese Colonial Era (일제강점기 순회문고에 관한 연구)

  • Cho, Yong Wan
    • Journal of the Korean Society for Library and Information Science
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    • v.56 no.1
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    • pp.119-150
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    • 2022
  • This study attempted to analyze the deposit stations in Japanese Colonial Era of Korea. To do this, this study reviewed the related literature such as articles, records, statistics, books and reports selected from databases, archives and libraries. The deposit stations were categorized by the colonial governmental bodies that included the central and local governments, by the non-governmental bodies that included the quasi-public organizations, the anti-Japanese organizations and the others and religious organizations and by the public libraries. These deposit stations were analyzed according to the time and purpose of establishment, the audience and area of the services, the ways of the services and the theme and quantities of the collections. Finally, the study could find that the deposit stations were widely adopted to supplement the lack of a library infrastructure by various administrative bodies and non-governmental bodies in Japanese Colonial Era of Korea.

Gravity Anomaly around Boam Deposit, Uljin: Implications on Economic Geology (울진 보암광상 일대 중력 이상: 광상학적 함의)

  • Oh, Il-Hwan;Heo, Chul-Ho;Shin, Young-Hong
    • Economic and Environmental Geology
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    • v.55 no.5
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    • pp.521-529
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    • 2022
  • Gravity exploration was conducted to determine the distribution of igneous complex related to lithium pegmatite in the Boam deposit of Uljin, Gyeongsangbuk-do, and the spatial relationship with the regional geology and ore bodies were studied. The gravity exploration result shows that the Boam deposit area is characterized by relatively low gravity anomaly that surrounds the deposit. The Boam deposit is located near the southwest-northeast directional boundary of gravity anomalies where igneous complex (granite gneiss) contacts with the Yuli and Wonnam groups in the southeast, Janggun limestone layers in the east-west direction, and Dongsugok metasedimentary rocks. While the western boundary in the southwest-northeast direction is relatively clear, there may also be unknown igneous complex that are not exposed on the surface at the eastern and southern boundaries because a relatively low gravity anomaly surrounds the deposit. The distribution characteristics of these hidden igneous complex will be used as useful data for predicting the distribution of the lithium pegmatite in the future.

Field investigation and numerical study of ground movement due to pipe pile wall installation in reclaimed land

  • Hu Lu;Rui-Wang Yu;Chao Shi;Wei-Wei Pei
    • Geomechanics and Engineering
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    • v.34 no.4
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    • pp.397-408
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    • 2023
  • Pipe pile walls are commonly used as retaining structures for excavation projects, particularly in densely populated coastal cities such as Hong Kong. Pipe pile walls are preferred in reclaimed land due to their cost-effectiveness and convenience for installation. However, the pre-bored piling techniques used to install pipe piles can cause significant ground disturbance, posing risks to nearby sensitive structures. This study reports a well-documented case history in a reclamation site, and it was found that pipe piling could induce ground settlement of up to 100 mm. Statutory design submissions in Hong Kong typically specify a ground settlement alarm level of 10 mm, which is significantly lower than the actual settlement observed in this study. In addition, lateral soil movement of approximately 70 mm was detected in the marine deposit. The lateral soil displacement in the marine deposit was found to be up to 3.4 and 3.1 times that of sand fill and CDG, respectively, mainly due to the relatively low stiffness of the marine deposit. Based on the monitoring data and site-investigation data, a 3D numerical analysis was established to back-analyze soil movements due to the installation of the pipe pile wall. The comparison between measured and computed results indicates that the equivalent ground loss ratio is 20%, 40%, and 20% for the fill, marine deposit and CDG, respectively. The maximum ground settlement increases with an increase in the ground loss ratio of the marine deposit, whereas the associated influence radius remains stationary at 1.2 times the pipe pile wall depth (H). The maximum ground settlement increases rapidly when the thickness of marine deposit is less than 0.32H, particularly for the ground loss ratio of larger than 40%. This study provides new insights into the pipe piling construction in reclamation sites.

Sedimentary Environments of Pre-Holocene Kanweoldo Deposit in Cheonsu Bay, Western Coast of Korea (한국 서해 천수만 선현세 간월도 퇴적층의 퇴적환경)

  • Jung, Hoi-Soo;Um, In-Kwon;Lim, Dong-Il
    • The Sea:JOURNAL OF THE KOREAN SOCIETY OF OCEANOGRAPHY
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    • v.7 no.1
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    • pp.32-42
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    • 2002
  • The late Quaternary deposit of Cheonsu Bay, up to 20 m in thickness above the Jurassic granite basement, consists of two sedimentary units: an upper Holocene mud and sandy mud deposit (Unit M1), and a lower late Pleistocene sand and mud deposit (Unit M2; 'Kanweoldo Deposit&apos). Unit M1 is a typical Holocene tidal-flat deposit of Cheonsu Bay, showing a coarsening upward, retrogradational facies trend. This retrograding facies trend is probably due to a relative low sedimentation rate during Holocene transgression. Overlain unconformably by Unit M1, Unit M2 deposit reaches up to 14 m in thickness and is mainly composed of muddy sediment with yellow to gray color. This unit is characterized by a variety of tide-influenced signatures such as rhythmic bedding, flaser bedding, crab burrow fossil, marine dinoflagellate assemblage and authigenic glauconite mineral, indicating very similar depositional environment to those of Unit M1 deposit. It suggests that Unit M2 was probably accumulated under the tidal-flat environment during a pre-Holocene sea-level highstand. In particular, the uppermost 3-4 m of Unit M2 appears to have undergone subaerial exposure and subsequent weathering during the sea-level lowstand after deposition. Therefore, stratigraphic unconformity between Holocene and late Pleistocene sediments is highlighted by the desiccated and weathered surface of Unit M2.

Correlation between Sandbar Development and Environmental Factors in the Nakdong River Estuary (낙동강 부정형적 사주발달과 환경인자간의 상관성 비교 연구)

  • Lee, I.C.;Yoo, C.I.;Yoon, H.S.
    • Journal of the Korean Society for Marine Environment & Energy
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    • v.10 no.1
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    • pp.13-20
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    • 2007
  • This study was performed to provide fundamental data for long-term geomorphic predictions of estuarine sandbars in the Nakdong River. We monitored the geomorphic changes of Jinudo (Jinu Island), which is located on the far-southern side of the first western sandbar. We evaluated the temporal and spatial dynamics of the sandbar and the relationship between erosion and deposit speed with environmental factors. We found that: 1) The south side of Jinudo showed very rapid water channel closing and shoal generation. This phenomenon was more obvious during autumn (September and October) than during spring, with greater water depth reduction and variation between sides. 2) The mean deposit speed for Jinudo was approximately 0.85 mm/day. The deposit speed was 1.32 and 1.26 mm/day for the east and south sides of Jinudo, respectively. The maximum deposit and erosion speeds were 27 mm/day and 26 mm/day in July and December, respectively, on the east side of the island. 3) Mean surface deposit size was 0.18-0.26 mm. The newly deposited sandbar had a rotatively larger deposit size than the original land. 4) Correlation analysis showed that, on the southern side of the island, deposit activity prevailed in the winter due to low precipitation and a northerly wind, while erosion was dominant in the summer due to high water flow and a southerly wind. In contrast, the correlation analysis for the eastern side of the island showed that deposition is dominant when water flow is high. These results indicate that geomorphic dynamics vary among island sides.

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Genetic Environments of Au-Ag-bearing Gasado Hydrothermal Vein Deposit (함 금-은 가사도 열수 맥상광상의 성인)

  • Ko, Youngjin;Kim, Chang Seong;Choi, Sang-Hoon
    • Economic and Environmental Geology
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    • v.55 no.1
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    • pp.53-61
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    • 2022
  • The Gasado Au-Ag deposit is located within the south-western margin of the Hanam-Jindo basin. The geology of the Gasado is composed of the late Cretaceous volcaniclastic sedimentary rocks and acidic or intermediate igneous rocks. Within the deposit area, there are a number of hydrothermal quartz and calcite veins, formed by narrow open space filling along subparallel fractures in the late Cretaceous volcaniclastic sedimentary rock. Vein mineralization at the Gasado is characterized by several textural varieties such as chalcedony, drusy, comb, bladed, crustiform and colloform. The textures have been used as exploring indicators of the epithermal deposit. Mineral paragenesis can be divided into two stages (stage I, ore-bearing quartz veins; stage II, barren carbonate veins) considering major tectonic fracturing event. Stage I, at which the precipitation of Au-Ag bearing minerals occurred, is further divided into three substages (early, middle and late) with paragenetic time based on minor fractures and discernible mineral assemblages: early, marked by deposition of pyrite and pyrrhotite with minor chalcopyrite, sphalerite and electrum; middle, characterized by introduction of electrum and base-metal sulfides with minor argentite; late, marked by argentite and native silver. Au-Ag-bearing mineralization at the Gasado deposit occurred under the condition between initial high temperatures (≥290℃) and later lower temperatures (≤130℃). Changes in stage I vein mineralogy reflect decreasing temperature and fugacity of sulfur (≈10-10.1 to ≤10-18.5atm) by evolution of the Gasado hydrothermal system with increasing paragenetic time. The Gasado deposit may represents an epithermal gold-silver deposit which was formed near paleo-surface.

Occurrence and Chemical Composition of White Mica from Wallrock Alteration Zone of Janggun Pb-Zn Deposit (장군 연-아연 광상의 모암변질대에서 산출되는 백색운모의 산상 및 화학조성)

  • Bong Chul, Yoo
    • Korean Journal of Mineralogy and Petrology
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    • v.35 no.4
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    • pp.469-484
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    • 2022
  • The Janggun Pb-Zn deposit has been known one of the four largest deposits (Yeonhwa, Shinyemi, Uljin) in South Korea. The geology of this deposit consists of Precambrian Weonnam formation, Yulri group, Paleozoic Jangsan formation, Dueumri formation, Janggum limestone formation, Dongsugok formation, Jaesan formation and Mesozoic Dongwhachi formation and Chungyang granite. This Pb-Zn deposit is hydrothermal replacement deposit in Paleozoic Janggum limestone formation. The wallrock alteration that is remarkably recognized with Pb-Zn mineralization at this deposit consists of mainly rhodochrositization and dolomitization with minor of pyritization, sericitization and chloritization. Wallrock alteration is divided into the five zones (Pb-Zn orebody -> rhodochrosite zone -> dolomite zone -> dolomitic limestone zone -> limestone or dolomitic marble) from orebody to wallrock. The white mica from wallrock alteration occurs as fine or medium aggregate associated with Ca-dolomite, Ferroan ankerite, sideroplesite, rutile, apatite, arsenopyrite, pyrite, sphalerite, galena, quartz, chlorite and calcite. The structural formular of white mica from wallrock alteration is (K0.77-0.62Na0.03-0.00Ca0.03-0.00Ba0.00Sr0.01)0.82-0.64(Al1.72-1.48Mg0.48-0.20Fe0.04-0.01Mn0.03-0.00Ti0.01-0.00Cr0.00As0.01-0.00Co0.03-0.00Zn0.03-0.00Pb0.05-0.00Ni0.01-0.00)2.07-1.92 (Si3.43-3.33Al0.67-0.57)4.00O10(OH1.94-1.80F0.20-0.06)2.00. It indicated that white mica from wallrock alteration has less K, Na and Ca, and more Si than theoretical dioctahedral micas. The white micas from wallrock alteration of Janggun Pb-Zn deposit, Yeonhwa 1 Pb-Zn deposit and Baekjeon Au-Ag deposit, and limestone of Gumoonso area correspond to muscovite and phengite and white mica from wallrock alteration of Dunjeon Au-Ag deposit corresponds to muscovite. Compositional variations in white mica from wallrock alteration of these deposits and limeston of Gumoonso area are caused by mainly phengitic or Tschermark substitution mechanism (Janggun Pb-Zn deposit), mainly phengitic or Tschermark substitution and partly illitic substitution mechanism (Yeonhwa 1 Pb-Zn deposit, Dunjeon Au-Ag deposit and Baekjeon Au-Ag deposit), and mainly phengitic or Tschermark substitution and partly illitic substitution or Na+ <-> K+ substitution mechanism (Gumoonso area).

The Nature of Gold Mineralization in the Archean Sunrise Dam Gold Deposit in Western Australia (호주 Sunrise Dam 광상의 금 광화작용)

  • Sung, Yoo-Hyun;Choi, Sang-Hoon
    • Economic and Environmental Geology
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    • v.43 no.5
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    • pp.429-441
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    • 2010
  • The Sunrise Dam gold deposit is located approximately 850 km ENE of Perth, in the eastern part of the Yilgam Craton, Western Australia. The mine has produced approximately 153 t of Au at an average grade of 4.2 g/t, which stands for the most significant gold discoveries during the last decade in Western Australia. The deposit occurs in the Laverton Tectonic Zone corresponding to the corridor of structural complexity in the Laverton greenstone belt, and characterized by tight folding and thrusting. The mine stratigraphy consists of a complexly deformed and altered volcaniclastic and volcanic rocks. These have been overlain by a turbidite sequence containing generally well-sorted siltstones, sandstones and magnetite-rich shales, which are consistently fining upwards. These sequences have been intruded by quartz diorite, ultramafic dikes, and rhyodacite porphyry (Archean), and lamprophyre dikes (Palaeoproterozoic). These rocks constitute the asymmetric NNE-trending Spartan anticline with north-plunging thrust duplication of the BIF unit. The deposit is located on the western limb of this structure. Transported, fluvial-lacustrine and aeolean sediments lie unconformably over the deposit showing significant variation in relief. Gold mineralization occurs intermittently along a NE-trending corridor of ca. 4.5 km length. The 20 currently defined orebodies are centered on a series of parallel, gently-dipping ($\sim30^{\circ}$) and NESW trending shear zones with a thrust-duplex architecture and high-strain characteristics. The paragenetic sequence of the Sunrise Dam deposit can be divided into five hydrothermal stages ($D_1$, $D_2$, $D_3$, $D_4a$, $D_4b$), which are supported by distinctive features of the mineralogical assemblages. Among them, the D4a stage is the dominant episode of Au deposition, followed by the $D_4b$ stage, which is characterized by more diverse ore mineralogy including base metal sulfides, sulfosalts, and telluride minerals. The $D_4a$ stage contains higher proportions of microscopic free gold (48%) than D4b stage (12%), and pyrite is the principal host for native gold (electrum) followed by tetrahedrite-group minerals in both stages.