Adopting an appropriate method to analyze the spatial evolution process of tailings flow after tailings dam failure can provide a rational assessment of the inundation range and evaluate the subsequent disaster. Simultaneously, it can offer a foundation for tailings pond construction and safety management. This paper, focusing on a specific iron mine in Xiagao, Guangdong, establishes a three-dimensional simulation of the tailings pond based on the design drawings of the raised tailings pond. Utilizing the depth integral method as the theoretical basis, this research references parameter values obtained through model experiments for numerical simulation. Through the numerical simulation method, the study simulates the disaster range, flow, and spatial state of the tailings flow after a dam break. The tailings flow velocity and the depth of the flow in the affected areas are derived, demonstrating the disasters resulting from dam failure. Moreover, the feasibility of raising the tailings dam is evaluated. The assessment extends to the damage risk of tailings dam failure to critical downstream facilities and provides disaster prevention and control suggestions for high-risk situations. This study ultimately offers technical support for the prevention and control of tailings dam failure accidents and the advancement of mine safety production.