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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.

“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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