The mineral rights were owned by the Basset family of Tehidy who are recorded on a deed in 1588 as leasing the ground to a family called Crane. By 1720 the mine was being worked for copper, and it was almost deep in 1746, when William Borlase called it a very considerable mine. In 1778 it was nearly deep, according to William Price. The mine closed in 1787 because the large amount of copper ore that was being cheaply mined from Parys Mountain on Anglesey had depressed the price. However the price of copper slowly recovered and the mine reopened in 1799.