Mining Engineering Reporter

* A loan, perhaps as great as $100 million, from American insurance companies is about negotiated for development of Labrador iron ore properties. The program will call for a total expenditure of up to $200 million, including, as well as all mine development work, the power facilities, housing for mining personnel, and auxiliary equipment. * Mobile air compressors and a water tank, mounted on a 30-ton rubber-tired trailer and towed right up to the drilling crews, eliminates the need for expensive underground water and air pipe lines in the experimental oil shale mine operated by the Bureau of Mines near Rifle, Colo.