Blasting is known to be both an important and an easily quantified cost factor in rock breaking operations. However, the indirect costs and benefits of the blasting operation are not easily determined due to the irreversibility of the mechanisms involved and the multiplicity of influencing factors. A general conceptual model showing the relationship between blasting and mining costs is well known, but serious attempts to address the critical real relationships have all floundered on the fact that not enough is yet known about either detonation physics or blasting effects. This can only be remedied to the extent that blasting instrumentation enables researchers to pin down not only the relationship between the detonation process and its impact on a particular environment, but also the downhill costs of handling the rock, repairing any damage and building in "Safety Factors" to provide for imponderables. It is vital to standaraize on specifications for instrumentation and measurement techniques and there is a need to review what has been achieved in blasting expertise so as to focus on the most fruitful paths for future work.