Methods of using cement compositions that comprise basalt fibers in subterranean formations are provided. An example of such a method may comprise providing a cement composition that comprises water, a hydraulic cement, and a plurality of basalt fibers; introducing the cement composition into a subterranean formation; allowing the cement composition to set therein. Also provided are methods of cementing a pipe string in a well bore and methods of enhancing the compressive strength of a cement composition.