92 - Detrending
In this episode, Susan Havlin, our Managing Consultant Geology and Gregory Zhang, our Senior Geology Consultant explore the impact of trends in resource data, methods to identify and address them, and advanced techniques like principal component analysis and universal kriging to improve estimation accuracy. This podcast episode at a glance: 00:10 Introduction 00:55 Why trends in data matter 01:42 Common methods to identify trends 03:45 Problems caused by trends in estimation 04:30 Mitigating trends with search parameters 05:25 Principal component analysis and universal kriging 07:55 Applying these methods 09:00 Universal kriging explained 10:45 Using these methods vs domaining 11:55 Limitations of these methods Join our experts as they explore the topic of Detrending in the episode 92 of the Fresh Thinking podcast. If you'd like to connect with Susan and Gregory, please reach out to them at contact@snowdenoptiro.com. This podcast episode is also available as an audio podcast on @Libsyn, @Spotify, and @Apple Podcasts. These podcasts are for those working in the mining industry. Snowden Optiro - Mining Advisory, Consulting and Professional Development. https://snowdenoptiro.com https://snowdenoptiro.com/professional-development/ contact@snowdenoptiro.com