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11. Related Party Transactions
12 Months Ended
Dec. 31, 2012
Related Party Transactions [Abstract]  
Related Party Transactions

Amounts due to (due from) related parties at December 31, 2012 and 2011 were as follows:

 

    2012     2011  
Payable to officer for antimony ore   $ -     $ 54,131  
                 
John C. Lawrence, president and director(1)     17,522       47,843  
Net related party liabilities      $ 17,522     $ 101,974  

 

(1)Transactions affecting the payable to Mr. Lawrence during 2012, 2011 and 2010 were as follows:

 

    2012     2011     2010  
Balance, beginning of year   $ 47,843     $ 18,060     $ 8,394  
Aircraft rental charges     74,490       86,058       129,177  
Payments and advances, net     (104,811 )     (56,275 )     (119,511 )
Balance, end of year   $ 17,522     $ 47,843     $ 18,060  

 

In addition to transactions described above, during 2012, 2011, and 2010, the Company had the following transactions with related parties:

 

Members of the audit committee received $24,000 in cash for 2011.

 

During 2012, 2011, and 2010, the Company paid $89,204, $107,359, and $55,469, respectively, to a director for development of Mexican mill sites and consulting fees.

 

A director of the Company acted on behalf of the Company as laison to Mexican officials through the year ended 2011. During the years ended December 31, 2011 and 2010, fees and expenses to this director were $37,083 and $32,000, respectively.

 

Royalty expense, based on sales of zeolite, of $61,678, $45,515, and $54,587, was incurred for the years ended December 31, 2012, 2011 and 2010, respectively, to a company controlled by the estate of Al Dugan, formerly a significant stockholder and the father of a former director.