Mining industry laid the foundation of the modern Wire Rope back in 1824, since then Wire Rope has become the single best piece of lifting equipment available. The ropes used in mining are exposed to heavy lifting and deep lowering task where they face a lot of tension and abrasion. Wire ropes must bear such extreme loads and perform satisfactorily under such perilous conditions. Safety and Reliability is paramount as the wire ropes are run through several items such as winches, guides, drums, etc. Broken ropes can not only cost downtime or equipment damage but could also pose a threat to mine personnel causing fatal injuries.