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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current Assets    
Cash $ 921,197 $ 935,750
Restricted cash 1,147,224 0
Accounts receivable, net of allowance of $33,443 and $18,872 591,209 326,464
Inventories 2,602,547 3,111,643
Prepaid expenses and other current assets 429,599 285,419
Current assets of discontinued operations   176,926
Total Current Assets 5,691,776 4,836,202
Long-term Assets    
Property, machinery and mining assets, net 16,318,045 16,722,150
Non-marketable investment 57,279 55,546
Investment in and advances to Joint Venture 5,634,030 5,376,997
Non-current assets of discontinued operations   131,552
Total long-term Assets 22,009,354 22,286,245
Total Assets 27,701,130 27,122,447
Current Liabilities    
Short-term loans 9,236,548 7,797,845
Account payable - trade 648,609 198,706
Account payable - construction vendors 1,166,065 1,164,411
Accrued expenses and other current liabilities 1,878,069 2,499,615
Due to stockholders and related parties 368,344 373,322
Current liabilities of discontinued operations   250,944
Total Current Liabilities 13,297,635 12,284,843
Long-term liabilities    
Convertible loan 1,000,000 100,970
Total liabilities 14,297,635 12,385,813
Preferred stock:    
$0.001 par value, 25,000,000 shares authorized; 0 shares issued and outstanding as of December 31, 2013 and 2012      
Common stock:    
$0.001 par value, 100,000,000 shares authorized; 52,805,961 and 51,795,961 shares issued and 50,387,038 and 49,377,038 shares outstanding as of December 31, 2013 and 2012 52,806 51,796
Additional paid-in capital 36,742,099 33,032,641
Treasury stock 2,418,923 shares at cost (5,216,770) (5,216,770)
Accumulated deficit (21,916,564) (16,125,326)
Accumulated other comprehensive income 3,741,924 2,994,293
Total stockholders' Equity 13,403,495 14,736,634
Total Liabilities and Stockholders' Equity $ 27,701,130 $ 27,122,447