XML 24 R37.htm IDEA: XBRL DOCUMENT
v2.4.0.6

INCOME TAXES (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2012
INCOME TAXES [Abstract] |
Provision for Income Taxes From Continuing Operations |
|  | Three-Month Period Ended September 30, |  |  | Nine-Month Period Ended September 30, |
|  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
Current taxes - PRC |  | $ | 1,418,892 |  |  | $ | 3,075,375 |  |  | $ | 4,567,725 |  |  | $ | 14,286,566 |
Deferred taxes - PRC |  |  | 110,434 |  |  |  | 104,171 |  |  |  | 271,260 |  |  |  | (1,821,553 | )
|  | $ | 1,529,326 |  |  | $ | 3,179,546 |  |  | $ | 4,838,985 |  |  | $ | 12,465,013 |
Reconciliation of Effective Tax Rate |
|  | Three-Month Period Ended September 30, |  |  | Nine-Month Period Ended September 30, |
Reconciliations |  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
Statutory income tax rate |  |  | 25 | % |  |  | 25 | % |  |  | 25 | % |  |  | 25 | %
Non-deductible expenses |  |  | 0 | % |  |  | 10 | % |  |  | 0 | % |  |  | 2 | %
Change in valuation allowance - US federal net operating loss |  |  | 2 | % |  |  | 1 | % |  |  | 2 | % |  |  | 2 | %
Effective tax rate |  |  | 27 | % |  |  | 36 | % |  |  | 27 | % |  |  | 29 | %
Components of Deferred Tax Assets and Liabilities |
|  | September 30, 2012 |  |  | December 31, 2011 |
Deferred tax liabilities |  | $ | - |  |  | $ | - |
Deferred tax assets: |  |  |  |  |  |  |  |
Allowance for obsolete and slow-moving inventories |  | $ | 3,694 |  |  | $ | 3,718 |
Impairment on property, plant and equipment |  |  | 634,964 |  |  |  | 639,031 |
Exploration costs |  |  | 1,771,168 |  |  |  | 1,797,391 |
Repair and maintenance costs |  |  | 40,646 |  |  |  | 224,984 |
Property, plant and equipment |  |  | - |  |  |  | 73,059 |
Compensation costs of unexercised stock options |  |  | 1,806,930 |  |  |  | 1,635,809 |
US federal net operating loss |  |  | 8,762,745 |  |  |  | 8,476,012 |
Total deferred tax assets |  |  | 13,020,147 |  |  |  | 12,850,004 |
Valuation allowance |  |  | (10,569,675 | ) |  |  | (10,111,821 | )
Net deferred tax asset |  | $ | 2,450,472 |  |  | $ | 2,738,183 |
Current deferred tax asset |  | $ | 44,340 |  |  | $ | 228,702 |
Long-term deferred tax asset |  | $ | 2,406,132 |  |  | $ | 2,509,481 |

X
- Definition Schedule Of Income Taxes Current And Deferred [Table Text Block] + References No definition available. + Details
Name: | gure_ScheduleOfIncomeTaxesCurrentAndDeferredTableTextBlock
Namespace Prefix: | gure_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration