It is located in Cheratte, a section of the Belgian town of Visé in Liège province in Wallonia.

The first shaft was dug in 1850 to extract dice coal and closed for the first time in 1877 following an accident.

[4] A washhouse was built in 1920 by Beer de Jemeppe company, and a second extraction mine with a metal tower opened.

[1] In 1927, the Belle-Fleur mine[5] was equipped by a little tower made of reinforced concrete and a low power winch.

[1] After its closure, the site was purchased cheaply by Mr Armand Lowie, a flemish real estate developer,[6] who decided to dismantle it.

[2] In 2007, the Hasard mine was included in a Walloon Government rehabilitation programme [7] to restore the facades and roofs of the Phalanstère, as well as the machine room and the wooded hill.

[8] At the end of 2008, Mr Lowie filed a building permit for the demolition of the concrete tower of shaft no.

3 and ancillary buildings to replace them with housing and shops, but opposition was strong and the project was suspended.

[2] On 30 April 2013, after more than 30 years of controversy between the owners and the authorities, a notice of expropriation was recorded by the Minister Philip Henry and the site became public.

A conversion plan was being prepared for the end of 2013, and unclassified parts of buildings would be demolished in October 2015.

[1][8] The Cheratte company town was built in 1925 and composed of 200 houses without a geometric plan, each consisting of six rooms.