The NEQA had been negotiated under the assumption that Schefferville would continue to be an active centre of mining, outfitting, and exploration for the foreseeable future. Inquiries by the Government of Quebec to the Iron Ore Company of Canada ("IOCC") in the late 1970s had confirmed that assumption. Nevertheless, IOCC announced in 1982 its intention to close the mines at Schefferville immediately.
the neqa had been negotiated under the assumption that schefferville would continue to be an active centre of mining outfitting and exploration for the foreseeable future inquiries by the government of quebec to the iron ore company of canada ("iocc") in the late 1970s had confirmed that assumption nevertheless iocc announced in 1982 its intention to close the mines at schefferville immediately