Purpose. Optimizing the parameters of the management of innovation costs of a mining company for the purposes of preserving its economic security. Methodology. To achieve this goal the method of multi-objective optimization using analytic superstructure "Finding solutions" of the "Microsoft Excel" software package was applied. Findings. The results of the evaluation of the effectiveness of the management of innovation costs have been presented. The influence of the correlation of the costs of innovation and the level of economic security has been identified. The basic steps and interrelations in the modeling of the safe development of a mining company have been displayed. The approach to the management parameters optimization of the innovation activity costs was developed. It allows organizing the preventive regulation and current control, timely responding to changes in the external and internal conditions, and it also helps to make an informed decision in the process of enterprise development strategy forming in modern conditions. Originality. Scientific originality is to develop an approach that adequately describes a dual nature of the impact of investment and innovation activities on the state of economic security of mining companies. The method allows optimizing the parameters of the management of innovation costs that will enable mining companies to control innovation costs in terms of preserving their own economic security. Practical value. To optimize the economic security of a mining company taking into account the implementation of additional innovative projects, the introduction of information technologies, such as a model of the economic growth parameter optimization using the PP MS Excel "Solver" has been proposed.

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