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US Silver Corporation Releases a Ratified Collective Bargaining Agreement with Union


US Silver Corporation has released a ratified agreement its management voluntarily reached with the United Steel Workers which will be effective till March 31, 2014.

US Silver Corporation in the sole owner and operator of the silver-lead-copper mines in Galena, Caladay, Coeur, and Dayrock silver mining site in Shoshone County, Idaho which it operates through its wholly owned subsidiaries. In fact, the US Silver Corporation’s wholly owned Galena mine is the second most productive mine in the history of silver mining in the United States.

The company stated in the announcement that ‘’We are very pleased to have reached an agreement that benefits both the company and its dedicated employees’’ quoting a statement credited to Tom Parker, the Chief Executive Officer of US Silver Corporation. The statement further said that both the Company management and the union leaders worked long hours in order to reach a mutually agreeable pact and the management of US Silver expressed appreciations for the efforts made by everyone towards reaching the agreement.

In the press release, the Company made public the appointment of Heather Bailey-Foster as the Manager Investor Relations for US Silver Corporation with immediate effect. Heather who has been an employee of US Silver for four and a half years has been increasingly involved at management level and has been acknowledged as being very active in investor relations for the past year. Heather is based at Galena mine, Wallace, Idaho and she has a deep knowledge of the operations of the mine there.

The US Silver Corporation has recorded silver production in excess of 217 million ounces of silver since 1953. The Company controls a total land area of about 14,000 acres in the heart of the Coeur d’Alene Mining District. The Company is poised to expand its operations, develop and explore its vast Silver Valley holdings in the Coeur d’Alene Mining District.

 

 


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US Silver Corporation Releases a Ratified Collective Bargaining Agreement with Union

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