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Any prosperity for Wheal Owles was relatively short lived and as metal prices fell in the 1870's, due largely to tin discoveries in Australia and also the Great Flat Lode south of Carn Brea Hill in the Camborne-Redruth Area, the decision was taken to concentrate all efforts on working the Cargodna copper lode and West Wheal Owles Lode on the western section of the Wheal Owles Sett. Ore grades were found to improve to the north and so production moved seaward in the 1880's. The solitary wall standing nearby is all that remains of the Cargodna winding engine house.