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Steelworkers OK New 6-Year Contract At Lucky Friday Mine

May 11, 2010

Wallace, Idaho â€" Steelworkers at Hecla Mining Co.'s Lucky Friday silver mine in Mullan, Idaho Sunday approved a new 6-year labor contract. The miners had been working on temporary extensions of their previous labor agreement for more than a year.

The new contract calls for a wage increase of $1 an hour, then increases ranging from 50 cents to 80 cents per hour in years following, according to a manager at the mine.

Miners also will continue to receive a monthly “silver bonus” based upon the LME silver price.