The treatment of flotation tailings is today a subject of interest in mineral processing because of the potential of wasted materials as an actual mineral resource and because of environmental reasons. Decantation ponds are found at almost every mine in the world. They are large earth fill dams containing the residue of the milling process to extract metals from mined ores. Traditional wet tailings disposal has been problematic due to the risk of ground water contamination and the difficulty in rehabilitating storage sites. Tailings dams are at risk of failure due to leakage, instability, liquefaction, and poor design. In the last few years the use of paste technology in the disposal of mine tailings is increasingly studied as an option to conventional tailings dams. The Lucky Invest Concentrator is located in the Eastern Rhodopes Mountain of Bulgaria. Since 1959 lead-zinc ores are dressed. Finally, during the flotation cycle lead and zinc concentrates are produced. The final technological processing waste precipitates in tailing pond. Research and development program has started to established opportunities to obtain dry deposit of the ore processing residue and analyses the feature of new tailing disposal method. The tailings particle size distributions and chemical compositions were determined. The data from laboratory and pilot scale tests clearly illustrate that there are the possibilities to obtaine lead-zinc dewatered tailings. The experimental results show that new cyclone modifications have a potential in dewatering technology of flotation tailings. It appears that dewatering cyclones can be an approach on new tailings pond elimination technology.