Manuel L. Quezon during the inauguration of Bacolod City, Negros Occidental Philippines as a charter city on October 19, 1938 with Mayor Alfredo Montelibano and Gov. Valeriano Gatuslao.
The operational losses from the three large mining projects (El Cerrejon, La Loma, operated by Drummond, and Montelíbano, which produces ferronickel) for Colombia to more than 12 billion.