This paper discusses the concepts of core risk associated with mining projects and operations and illustrates the types of core geotechnical risks and consequences that may relate to a range of different mining methods, with recommendations on risk management procedures to ensure that the core risks are under constant and ongoing scrutiny and priority management focus. These core geotechnical risks can and should be identified at the initial mining method selection stage, during a feasibility study. They should form part of the auditing of the project and the decision-making regarding the project viability. They should then be built into the ongoing management structure of the project, right through into ongoing operations, with regular audit and review.