The llocos Norte manganese deposits and especially the Siec group of the llocos Manganese Mining Company, located in the Commonwealth of the Philippines
AuthorEricson, Norman John
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The property of the Ilocos Manganese Mining Company, located at Sitio Siec, Barrio of Burgos, Province of Ilocos Norte, Island of Luzon, Commonwealth of the Philippines was carefully examined by the author. The time consumed in making this examination in the field was twenty one days - from July IE, 1956 to August E, 1936. The original report was written primarily for evaluation purposes for the Insular Treasurer of the Commonwealth of the Philippines. The author has authority to make such reports in the Commonwealth of the Philippines due to the fact that he is licensed as a mining engineer and geologist under the laws of the Commonwealth by examination. His license number is No. 79 which is on record at the Bureau of Mines, Commonwealth of the Philippines, at the Bureau of Science Building located in Manila. Since the original report was written primarily for evaluation purposes the following factors were taken as of primary importance: first, to show the character and size of the property; second, to show the then present development of the property; third, to give as accurate a valuation as possible to the property, consonant with the amount of development work accomplished subject to the known economic value of manganese and its accompanying gangue minerals in the United States markets; fourth, to show the net profit to the investors in the enterprise after mining costs, milling costs, transportation and overhead expenses, etc., have been deducted; fifth, to show the importance of the Philippine Islands to the United States due to the strategic value of its manganese deposits. All obtainable information bearing on the enterprise has been carefully weighed and assigned to its proper place in this report, with the idea of obtaining as close an approximation to fact as is consistent with the available data. The present tendency of the Philippine Government is to give encouragement to the development of worthwhile enterprises. Particular encouragement is given those financed by local capital, the producers of which may be exported to the United States markets on a non-competitive basis with like products (such as sugar cane) of the Philippines. In other words products which are not grown, produced or manufactured to any great extent in continental United States. Substitutes such as sugar beets not being taken into account. Due to this reasoning which admittedly is controversial in nature, the Commonwealth of the Philippines have built a good third class road, some seven kilometers long, from the Port of Diriqui to the mines at Siec at no cost to the mines.
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SubjectIlocos Manganese Mining Company
Sitio Siec, Barrio of Burgos, Province of Ilocos Norts, Island of Luzon, Commonwealth of the Philippines
Inuslar Treasurer of the Commonwealth of the Philippines
United States markets
Port of Diriqui
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