Blast movement measurement is a key component of grade control, enabling mines to carry all of the precision involved in locating ore blocks, through a chaotic blast, to production. A monitoring system was developed about ten years ago so that mine operation personnel can measure three dimensional movement in every production blast. Research has shown that blast movement is always highly variable with a significant non-deterministic component. The consequence is that modelling will be inaccurate and therefore optimal ore recovery can only be achieved by direct measurement of blast movement.Three dimensional movement vectors are measured at discrete locations in the blast. If blast movement is only measured at one location in a blast pattern, data is severely limited and has all of the inherent inaccuracies of modelling a variable population. It is intuitive that the accuracy of defining the post-blast ore block mark-ups are proportional to the number of movement measurement locations, however increasing the number of monitoring locations causes increases to the direct operating costs of the mine.A cost-benefit analysis is used to explore the optimal number of monitoring locations. Using the method described in this paper, an automated selection of the number and location of blast movement monitors are analysed against the value of recovered ore compared to the control, for each trial.CITATION:Loeb, J and Thornton, D, 2014. A cost benefit analysis to explore the optimal number of blast movement monitoring locations, in Proceedings Ninth International Mining Geology Conference 2014 , pp 441-450 (The Australasian Institute of Mining and Metallurgy: Melbourne).