NOTE 17 - DUE TO RELATED PARTIES

Due to related parties classified as long term liabilities consist of the following:

	September 30, 2011		December 31, 2010
	(In thousands)		(In thousands)
Due to directors of the Company:
Ms. Xiaojing Yu, CEO of the Company	$	15	$	102
Mr. Xueming Xu, Director of the Company		12		12
Due to Mr. Xiaoming Yu, General Manager of Xiangzhen Mining		126		431
Due to Mr. Mao Huang, the minority shareholder of Xingzhen Mining		4		1,894
	$	157	$	2,439

Amounts due to related parties are interest-free, unsecured and due on December 8, 2012.