The sustainable development of mines has been the focus of attention in recent years, in China, there are a large number of untreated mined-out areas, and a series of disasters caused by instability of the goaf will bring heavy blows to people’s safety and financial resources. Mined-out areas management is an important part that cannot be ignored in mine sustainable development, and filling management is one of the most effective ways to solve the hidden danger of mined-out areas. Among them, cemented filling with tailings and the ultra-high-water backfilling are commonly used in mining enterprises. However, filling treatment will lead to increasing cost and the decreasing profits, which seriously depresses the motivation of mining enterprises and even leads to mor-al hazard. Therefore, the analysis of the economic benefits of goaf control plays a vital role in the sustainable construction and long-term development of mines. This paper proposed the mine-out area treatment economic model, the proposed method employs the guiding philosophy of news-boy model to create a mathematical economy model that provides the basis of goaf management mode for mine. The following research results are achieved: (1) The economic model of mined-out area backfilling treatment is constructed, and which is classified three different modes. (2) Com-bined with mathematical derivation and simulation, the influence of relevant variable parameters on each type of filling mode is discussed. (3) Various types of goaf filling treatment mode are com-pared with non-filling scheme (benchmark mode), so as to provide theoretical support for mining enterprises to choose the appropriate filling scheme. The results shows that the economic model of mined-out area management provides the optimal mode for mined-out area filling, the balance of tailings and ultra-high water filling materials procurement is realized, to making maximum profits. In this paper, the use of economic thinking has an important impact on the sustainable development of safety goaf management. To evaluate the sustainable development of goaf management by building economic models. It has important theoretical basis and practical guiding significance for the development and exploration of mined-out area management by combining economy with sustainable development.