The invention discloses a method for producing microcrystalling foam glass with gold tail ore, which comprises the steps of: firstly, putting gold tail ore powder, waste glass powder, fluorite powder, sodium nitrate powder, calcite powder, pure alkali powder, sodium fluosilicate powder and antimonous oxide powder into a mixer to be evenly mixed, and putting into a glass furnace to be melted; draining molten glass liquid into a water pond and water quenching; fishing out water quenched glass, and ball milling and screening with 150 screen mesh to produce the glass powder; and putting the glass powder, foaming agent, ammonium dihydrogen phosphate, iron sesquioxide and manganese dioxide powder into the mixer to be evenly mixed, putting into a foam glass-producing mould, and moving the mould into to a foaming furnace and heating to obtain the microcrystalling foam glass by means of temperature raising, fast cooling and annealing.The method not only is good for recycling waste substance and protecting environment, but also has low producing and foaming temperature and simple production technology, and the produced foaming glass has high structural intensity, low water absorption rate, small density and low heat conduction coefficient.