Mining regulatory authorities worldwide mandate frequent inspection of winder ropes used in shaft-equipped underground mines and ski lifts. Visual inspections are effective in identifying and assessing the type and severity of damage found in the exterior of the rope. In addition, electromagnetic or permanent magnet-based methods are used to identify broken wires, corrosion damage and other anomalies that occur anywhere within the core of wire ropes made of steel, which is a ferromagnetic material. The magnetic methods yield the loss of metallic area due to wire breaks and other damage in the rope's section as well as local flaws that give rise to discontinuities in the magnetic field. The quantitative measurement of the loss of metallic area is indirectly related to the loss of breaking strength that is commonly used as a rope discard criterion. The ropes used in a mine winder in the Goldfields of Western Australia are inspected using Meraster 120B permanent magnet-based rope tester and their condition is assessed against published discard criteria.