CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Current Assets
Cash	$ 96,258	$ 921,197
Restricted cash	0	1,147,224
Accounts receivable, net of allowance of $15,805 and $33,443	246,332	591,209
Inventories	1,930,345	2,602,547
Prepaid expenses and other current assets	430,545	429,599
Total Current Assets	2,703,480	5,691,776
Long-term Assets
Property, machinery and mining assets, net	13,387,231	16,318,045
Non-marketable investment	57,017	57,279
Investment in and advances to Joint Venture	5,531,824	5,634,030
Total long-term Assets	18,976,072	22,009,354
Total Assets	21,679,552	27,701,130
Current Liabilities
Short-term loans	8,301,696	9,236,548
Account payable - trade	111,845	648,609
Account payable - construction vendors	1,160,727	1,166,065
Accrued expenses and other current liabilities	2,054,146	1,878,069
Due to stockholders and related parties	243,272	368,344
Total Current Liabilities	11,871,686	13,297,635
Long-term liabilities
Convertible loan	510,000	1,000,000
Total liabilities	$ 12,381,686	$ 14,297,635
Preferred stock:
$0.001 par value, 25,000,000 shares authorized; 0 shares issued and outstanding as of December 31, 2014 and 2013
Common stock:
$0.001 par value, 100,000,000 shares authorized; 52,805,961 shares issued and 50,387,038 shares outstanding as of December 31, 2014 and 2013	$ 52,806	$ 52,806
Additional paid-in capital	36,742,099	36,742,099
Treasury stock 2,418,923 shares at cost	(5,216,770)	(5,216,770)
Accumulated deficit	(25,953,833)	(21,916,564)
Accumulated other comprehensive income	3,673,564	3,741,924
Total stockholders' Equity	9,297,866	13,403,495
Total Liabilities and Stockholders' Equity	$ 21,679,552	$ 27,701,130