After more than a hundred years in operation the Beaconsfield gold mine in northern Tasmania has closed.
Miners clocked off for the last time on Friday night.
The mine's operators BCD Resources previously told the Stock Exchange the operation was no longer profitable.
The 135-year old operation made headlines across the world in 2006 when miners Todd Russell and Brant Webb were trapped underground for more than two weeks following a rockfall.
Fellow miner Larry Knight died in the collapse.
West Tamar mayor Barry Easther said part of the site would be donated to the Beaconsfield Mine and Heritage Centre in the hope of bringing more tourists to the region.
"It's a disappointing time however we need to look to the future," he said.
Displaced workers are now pinning their hopes on a nickel mine that is proposed for the area.