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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
NET REVENUE        
Net revenue $ 49,350,070 $ 31,752,814 $ 84,260,899 $ 57,344,990
OPERATING INCOME (EXPENSES)        
Cost of net revenue (32,280,120) (22,566,923) (57,760,978) (41,301,327)
Sales, marketing and other operating expenses (120,746) (27,215) (202,176) (49,729)
Research and development cost $ (63,470) $ (32,558) (111,705) $ (63,338)
Exploration cost     $ (325,840)  
Loss from disposal of property, plant and equipment   $ (9,866)   $ (9,866)
General and administrative expenses $ (2,434,246) (1,701,601) $ (4,415,363) (3,022,119)
Other operating income 109,901 116,921 227,203 234,605
Total Costs and Expenses (34,788,681) (24,221,242) (62,588,859) (44,211,774)
INCOME FROM OPERATIONS 14,561,389 7,531,572 21,672,040 13,133,216
OTHER INCOME (EXPENSE)        
Interest expense (51,013) (52,428) (101,866) (105,140)
Interest income 108,182 119,171 235,143 225,646
INCOME BEFORE TAXES 14,618,558 7,598,315 21,805,317 13,253,722
INCOME TAXES (3,843,298) (1,933,503) (5,714,786) (3,302,572)
NET INCOME 10,775,260 5,664,812 16,090,531 9,951,150
COMPREHENSIVE INCOME:        
NET INCOME 10,775,260 5,664,812 16,090,531 9,951,150
OTHER COMPREHENSIVE INCOME (LOSS)        
Foreign currency translation adjustments 1,475,380 (34,932) 365,032 (2,939,120)
COMPREHENSIVE INCOME $ 12,250,640 $ 5,629,880 $ 16,455,563 $ 7,012,030
EARNINGS PER SHARE:        
BASIC $ 0.23 $ 0.15 $ 0.36 $ 0.26
DILUTED $ 0.23 $ 0.14 $ 0.36 $ 0.25
WEIGHTED AVERAGE NUMBER OF SHARES:        
BASIC 45,928,234 38,726,415 44,313,537 38,662,773
DILUTED 47,143,073 39,341,228 45,319,208 39,309,946