The safety factors for different variants of operation development were obtained, on the basis of which the technical and economic indicators were established and the most expedient way of restoration of dump operations in conditions of the formed landslide was chosen. The solutions were proposed for the external dump No 2 of the Central Ore Mining and Processing Enterprise (COMPE), that allow to continue its future operation. When working in the conditions of the formed landslide, three variants of the further dump operation are modeled: the first one - with landslide removal and unloading of the upper dump horizons, the second one - without landslide removal and involvement of disturbed lands in land allotment, the third one - with the landslide loading. Based on the built sections of the dump and defined physical and mechanical properties, the stability factors were obtained for different options of the operation development, which made it possible to determine the appropriate option to eliminate the effects of the dump slide deformations. As a result of the calculations, the cost flows for each of the proposed options of the formation of the end contour of the dump No 2 are determined.