He developed mines and industry and nationalised many branches of Transylvania's foreign trade.
Longstanding plans to develop mines in the area had to wait due to the Panic of 1893 and the economic uncertainty it created.
Venezuela sought to develop mines at its largest gold deposits with help from Russia.
Others pour the money into developing new mines, a process that can take years, even decades.
"Gold companies are often developing new mines," he said, "so traditional valuation measures like price-earnings multiples aren't applicable."
You bluffed the Mexican government into an option to develop mines which you had not located.
The large silver producer allowed Knight to develop other mines in the East Tintic area.
Strong metal and industrial mineral prices since 2003 have encouraged companies to develop mines.
The area developed due to the tin mines.
Extensive research and development was also carried to develop new anti-submarine devices, mines and ships' electrics.