Magpie Mine has a history dating from 1739, but dates back much further and is said locally to be over 300 years old. The mine was dogged by problems caused by flooding leading to the driving of Magpie Sough and the eventual installation of a Cornish type beam pumping engine. In 1880, the company operating the mine changed its name to the Magpie Mining Company.
After periods of abandonment attempts were made to rework the mine, the last during the 1950s. In 1958, the battle with flooding and falling pricesresulted in closure. The site is now scheduled as an ancient monument and is the Peak Districts most complete example of a lead mine. There are a superb range of buildings there including the Cornish type engine house, winding house, agents house etc. The site is near Sheldon, Derbyshire at NGR SK173682.