Construction:

The actual date when construction commencement is unclear, but the lease was apparently signed in 1872 and it is likely that preparations would have been in hand to commence work immediately.  Although the  ownership details given by more recent sources are somewhat confused, contemporary records show that the colliery was owned by the Stanton Iron Company, later incorporated as the Stanton Ironworks Company Ltd.

Map showing position in 1875 here

The total cost, including housing was no more than £100,000, (about £4.5 million in today’s prices), but the sinking took six years to complete due to technical difficulties and the economic recession which began in 1873.