INVENTORY (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Inventory, Current [Table Text Block]

		September 30,		December 31,
		2012		2011
Current Assets:		(unaudited)
Copper in process	$	2,507,549	$	3,170,759
Finished goods		-		37,361
Material and supplies		439,914		555,772
		2,947,463		3,763,892
Long-Term Assets:
Stockpiles and ore on leach pads		4,634,094		6,347,012
Total Inventory	$	7,581,557	$	10,110,904