Novel iron sulfides having excellent durability and excellent treating properties of heavy metals, processes for producing the iron sulfides, iron sulfide mixture, a heavy metal treating agent containing either of these novel iron sulfides as an effective component, and a method by which wastes containing various heavy metals are treated with the heavy metal treating agent are disclosed. The iron sulfide having a mackinawite structure which contains FeMxNySz wherein M represents an alkaline earth metal, N represents an alkali metal, and x, y and z, indicating the molar proportions of the respective elements, represent numbers satisfying 0.01