In 1954, Robert M. Reininger took over leadership of the 75-year-old New York and Honduras Rosario Mining Company, which then held only one old, depleted gold mine and a small new startup mine, El Mochito, in Honduras. From these limited resources, Reininger built Rosario into a powerful and diversified mining and oil company, with interests stretching out to North America, South America, and the North Sea.
