Machining has considerably increased with evolving technology and increasing demand in natural stone production facilities. Different types of accidents may occur in natural stone facilities during movement, dimensioning, cutting of blocks and surface processing. These accidents may be due to physical, chemical, ergonomic and mechanical conditions. Therefore, possible work accidents and occupational diseases should be investigated. In this study, an L-matrix analysis is conducted to analyze hazards and forecast risks in natural stone facilities. According to the L-matrix results, three major initiating events are identified. For each of these initiating events, event tree analysis is used to calculate risk scores. These initiating events are hoist rope fatigue and breaking, diamond wire fatigue and breaking, and electrical leakage due to old systems. These events and their results are classified according to the probabilities using event tree analysis.