Factors influencing the volumes of investments in spoil banks reclamation are considered. Using goal hierarchy, all possible types of investors are analyzed, as well as their goals when obtaining licenses for the development of man-made deposits. On the example of Lvov basin spoil banks, four types of investors are systematized and different priorities of goals are assessed, the environmental criterion always being the first priority. It is made to prevent environmental catastrophe while developing man-made deposits in the region. Using the matrix of pair comparison, it is proved that the state or community is the optimal investor in developing man-made deposits. Both foreign investor and the spoil-bank owner can be on the second place after the state depending on the priority of profitability or social problems of the area.