New magnetobiostratigraphic chronology and paleoceanographic changes across the Oligocene-Miocene boundary at DSDP Site 516 (Rio Grande Rise, SW Atlantic)

New magnetobiostratigraphic data for the late Oligocene through early Miocene at Deep Sea Drilling Project (DSDP) Hole 516F provide a significantly revised age model, which permits reevaluation of developments that led to the Mi-1 glacial event at the Oligocene-Miocene boundary. Our new high-resolution paleomagnetic study, which is supported by quantitative calcareous nannofossil and planktonic foraminiferal analyses, significantly refines previous age models for Oligocene-Miocene sediments from DSDP Hole 516F, with ages that are systematically younger than those previously determined. In some parts of the Oligocene, the discrepancy with previous studies exceeds 450kyr. Based on this new age model, we infer a progressive increase in sedimentation rate and paleoproductivity between circa 23.9Ma and circa 22.9Ma, with the highest rate coinciding with the Mi-1 glacial event at the Oligocene-Miocene boundary. This productivity increase would have resulted in higher rates of carbon burial and in turn a drawdown of atmospheric CO2. Immediately afterward, an abrupt decrease in sedimentation rate and paleoproductivity suggests that the Mi-1 deglaciation was associated with decreased carbon input into the ocean. Elevated sedimentation rates are also documented at similar to 24.5Ma, coincident with the Oi2D glacioeustatic event. The presence of volcanic material within the sediments during these glacial events is interpreted to have resulted from redeposition of sediment scoured from nearby sites on the Rio Grande Rise due to transient variations in bottom water flow patterns.