The article provides an overview of different type of water settlement treatment systems in the open cast extractives industry and provides descriptions of the potential hazards from fine particles and suspended solid pollution as a result of mining operations, concentration and process waste management which determines that a lack of mine process utilization leads to fines accumulations in the working areas. Several solutions and alternative means are offered for utilization and re-use of settled material, consisting of fines/dust/silt components within various industries and agricultural enterprises, such as manufacturing artificial soil and culture media for the use as bio-filtration. The article also explores the potential technical, economical and legal challenges identified as well as the issues of the use of mining fines commercial utilization including taxation regimes, insufficient product specification and necessity for additional treatment of the material.