The problems connected with quantity and quality evaluation of the economical efficiency of iinnovations in the mining industry are considered in the paper. The essence of «novelty» for example for working ore mill is detailed. Changing key parameters of the technological process, which are not directly connected with «novelty» leads to necessity of making a three-factor (twofactor) mathematical model.
The evaluation method of innovation of production of mining industry is offered in the work, which is based on the certain indicators. There are: depth, scale and radicality. When introducing this indicators of diversification of production can be substantiately determined, for example, the amount of investments which are necessary for realization of reconstruction and modernization of industry. The problem of production connecting the basic factors of technical maintenance of enterprises and the volume of production and geometry interpretation are looked upon in the essay.