The concept of vertical pit mining has been developed as an alternative mining method for the exploitation from surface of small, vertical or near-vertical, massive orebodies down to depths of some 200 m, where ore extraction from conventional open pit excavations is rendered uneconomic due to high associated waste:ore mining ratio. Systematic lateral support maintains vertical pit sides, thereby minimising waste mining volumes. Stability analysis techniques have been developed for design of this lateral support, with the support quantum, primarily comprising long cable anchors, dependent upon country rock strength characteristics and pit configuration. Where the cost of support is less than the cost of the comparable conventional pit waste excavation, vertical pit mining becomes an economically viable alternative, additionally providing the benefit of reduced environmental impact and rehabilitation requirements for the mining area. The technique has been successfully applied for the mining of a chrome deposit in Zimbabwe to an 80 m depth, believed to be unique in the world, and a full feasibilty study for a 3000 m2 diamond pipe has been carried out for mining to 200 m depth.