[1] The date that mining operations in the Foxdale district of the Isle of Man commenced is not known,[1] but it is said that the lodes were worked by a London company early in the eighteenth century,.
[1] Local lore and examination of the remnants of ancient workings both suggest that the operations must have resulted in considerable success, so long as the primitive machinery used to purge the mines of water was of use.
[citation needed] Originally the company's main area of operations was to the east of Foxdale where a rich vein of ore was worked.
[4] Despite the men having accepting reduced terms and conditions, the mines' yield continued to dramatically decline, and in April 1911 a decision was made by the directors to close the company.
[5] An extraordinary general meeting was held by the directors at the Law Association Rooms, Cook St, Liverpool, on the evening of Thursday 6 April 1911 at which a liquidator was appointed for the purpose of the voluntary disbanding of the company.