Quarry company in Peak District to cease operation
A mining company in the Derbyshire Peak District has confirmed it will cease work by the end of 2010, resulting in a loss of 65 jobs.
Glebe Mines, which extracts and processes fluorspar at Cavendish Mill, has failed to attract investment to carry on its operation.
The company was unable to comment, but a statement said managers were about to begin a period of formal consultation.
Glebe Mines was fined almost £40,000 in 2007 after a nearby village flooded.
Quarry waste poured through Stoney Middleton on 22 January 2007 when a lagoon burst its banks. The clean-up operation cost about £2m.
Glebe Mines Ltd pleaded guilty at Chesterfield Magistrates' Court to two charges contrary to the Water Resources Act 1991.
The firm was fined £22,000 with £16,937 costs to the Environment Agency.
John Lomas, director of strategy and development for the Peak District National Park Authority, said: "The company has permissions to work quarries and mines for several years to come, but it needs investment to open those quarries and that's not been forthcoming.
"They predominantly employ local people and also many of the contractors they use are local too."
In the statement, Glebe Mines added: "The employees have been informed of the decision.
"The company will undertake a period of formal consultation with employees to minimise the impact of this proposed closure."
Fluorspar is used in chemical and manufacturing processes for a variety of products, including asthma inhalers and mobile phones.