Steelworkers accept deal at Goldcorp’s Porcupine Gold Mines

TIMMINS, Ont. – Workers have overwhelmingly approved a new contract at Goldcorp’s Porcupine Gold Mines in northern Ontario.

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

Get weekly money news

Get expert insights, Q&A on markets, housing, inflation, and personal finance information delivered to you every Saturday.

Sign up for weekly money newsletter Sign Up

By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.

The deal includes wage increases of four 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 (TSX:G) is a major mining company with gold mines and development projects in North, Central and South America.