The earliest settlements in the present-day town were on banks of the Millingford Brook, hence its name being derived from a water course where calendula grew.The old Manor of Golborne stood to the north side of the village, giving its name to a public house on Church Street (now demolished).Holcroft Hall, now a farm, was the home of Colonel Blood who, during the reign of Charles II, attempted to steal the Crown Jewels.On 18 March 1979, there was a methane explosion at the town's colliery caused by an electrical spark, which took the lives of ten miners.[a] The closure of the colliery led to the loss of employment for a large proportion of Golborne's population, as well as people from nearby towns and villages such as Abram, Lowton and Ashton-in-Makerfield.The service was attended by ex-miners and their families, and was the fruition of two years of fund-raising to erect the 6-by-3-foot (1.83 m × 0.91 m) stone, commissioned in memory of the men and women who worked and died at Golborne Colliery between its opening in 1880 and its closure in 1989.Funding was also received from a community chest grant from Wigan Metropolitan Borough Council, Alpla (UK) Ltd of Golborne, and the Coal Industry Social Welfare Organisation.