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The selection of the most appropriate underground mining technology is not a simple process because it involves handling of a large amount of information about several potential methods. Multicriteria optimization approaches are proven useful tools for ranking alternatives, especially in cases where multiple complex criteria have to be considered simultaneously. An ore deposit is a complex system because of its geology, physical and mechanical properties, and hydrogeological conditions. As such, problem solving requires a heuristic approach and includes tasks involving expert judgement, intuition, estimation, and experience. Using a heuristic strategy to state a problem means that the analyst is placed in a position to apply past experience to a future situation and existing knowledge to new circumstances, as well as discover new avenues to creative problem solving. A complex algorithm was developed to pave the way to quality management of mining, by using the VIKOR method to rank various mining technologies relative to a set of criteria and select the optimum mining method that will primarily ensure profitable and safe mining.