The article justifies the need to involve the technogenic deposits (off-balance ore and wastes) into the economic circulation of mining enterprises when there is natural resources depletion. It could be considered as one of the tools of the circular economy. The authors analyze global trends in the copper deposits development, global demand for copper, and design recommendations for possible alternative options for the copper production. The authors use a case of Erdenet Mining Corporation SOE based in Mongolia to develop the approach for economic, social and environmental problem-solving. The millions of mining dumps are proposed to develop as technogenic resources for recycled materials, prolonging profitable activities of the mine. The Hierarchy analysis method is used to obtain optimum order of the mining dumps development to get economic, social and environmental effect.