The article addresses the issues of the project approach to interaction and harmonization of interests of mining business, indigenous people and local authorities during industrial development in the Arctic. The projects of gold extraction from mining waste, disturbed land reclamation, removal of gold refinery tailings storages and construction of tundra roads for the local population using the processed waste are substantiated as a case-study of the Kular gold field in Yakutia. The ecological, social and economic criteria are proposed for the efficiency evaluation of the projects and selected combinations of their financing charts. The implementation of the proposed projects can enable accumulated waste management, use of secondary raw materials in road construction, reclamation of mining-disturbed land and its return to the indigenous people for deer breeding and hunting, as well as removal of hazardous waste of a gold refinery.