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Goldcorp (BEN NELMS/Ben Nelms/Reuters)
Goldcorp (BEN NELMS/Ben Nelms/Reuters)

Steelworkers approve new Goldcorp contract Add to ...

Workers have overwhelmingly approved a new contract at Goldcorp Inc.'s Porcupine Gold Mines in northern Ontario.

The United Steelworkers union said Monday that 250 workers voted 92 per cent in favour of a new three-year contract at the Timmins mine.

The deal includes wage increases of 4 per cent a year, an increase in pension benefits in the defined benefit pension plan, a $1,500 signing bonus and significant improvements in contract language, the union says.

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“The members' defined benefit plan is something these workers have built over many years and continued to improve with this round of bargaining, a testament to the strength of the workers at the bargaining table,” said Wayne Fraser, USW District 6 director.

Goldcorp is a major mining company with gold mines and development projects in North, Central and South America.

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