United States Antimony (UAMY) 10-Q 10 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 10, 2015
Document And Entity Information
Entity Registrant Name	UNITED STATES ANTIMONY CORP
Entity Central Index Key	101,538
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		66,216,278
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,015

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 74,125	$ 123,683
Certificates of deposit	250,180	249,147
Accounts receivable, net	899,831	454,674
Inventories	2,316,266	1,433,539
Other current assets (note 6)	441,602	42,626
Total current assets	3,982,004	2,303,669
Properties, plants and equipment, net	13,984,812	13,511,803
Restricted cash for reclamation bonds	75,754	75,754
Other assets	612,882	653,805
Total assets	18,655,452	16,545,031
Current liabilities:
Accounts payable	2,297,779	1,821,673
Due to factor	154,791	13,314
Accrued payroll, taxes and interest	168,668	135,245
Other accrued liabilities	59,717	38,811
Payables to related parties	38,585	8,357
Deferred revenue	195,007	115,962
Notes payable to bank (note 7)	97,297	0
Long-term debt, current	232,071	159,278
Total current liabilities	3,243,915	2,292,640
Long-term debt, net of discount and current portion	632,047	715,328
Hillgrove advances payable	1,080,979	161,339
Stock payable to directors for services	75,000	125,000
Asset retirement obligations and accrued reclamation costs	257,759	255,190
Total liabilities	5,289,700	$ 3,549,497
Commitments and contingencies (Note 4 and 6)
Stockholders' equity:
Preferred stock $0.01 par value, 10,000,000 shares authorized: Series A: -0- shares issued and outstanding	0	$ 0
Series B: 750,000 shares issued and outstanding (liquidation preference $900,000 and $892,500, respectively)	7,500	7,500
Series C: 177,904 shares issued and outstanding (liquidation preference $97,847 both years)	1,779	1,779
Series D: 1,751,005 shares issued and outstanding (liquidation preference $4,837,880 and $4,796,731 respectively)	17,509	17,509
Common stock, $0.01 par value, 90,000,000 shares authorized; 66,216,278 and 66,027,453 shares issued and outstanding, respectively	662,162	660,274
Additional paid-in capital	35,866,734	35,740,671
Notes receivable from stock sales	(150,000)	(150,000)
Accumulated deficit	(23,039,932)	(23,282,199)
Total stockholders' equity	13,365,752	12,995,534
Total liabilities and stockholders' equity	$ 18,655,452	$ 16,545,031

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Stockholders' equity:
Series A Preferred stock, par value	$ 0.01	$ 0.01
Series A Preferred stock, authorized shares	10,000,000	10,000,000
Series A Preferred stock, issued shares	0	0
Series A Preferred stock, outstanding shares	0	0
Series B Preferred stock, par value	$ 0.01	$ 0.01
Series B Preferred stock, authorized shares	10,000,000	10,000,000
Series B Preferred stock, issued shares	750,000	750,000
Series B Preferred stock, outstanding shares	750,000	750,000
Series B liquidation preference	$ 900,000	$ 892,500
Series C Preferred stock, par value	$ 0.01	$ 0.01
Series C Preferred stock, authorized shares	10,000,000	10,000,000
Series C Preferred stock, issued shares	177,904	177,904
Series C Preferred stock, outstanding shares	177,904	177,904
Series C liquidation preference	$ 97,847	$ 97,847
Series D Preferred stock, par value	$ 0.01	$ 0.01
Series D Preferred stock, authorized shares	10,000,000	10,000,000
Series D Preferred stock, issued shares	1,751,005	1,751,005
Series D Preferred stock, outstanding shares	1,751,005	1,751,005
Series D liquidation preference	$ 4,837,880	$ 4,796,731
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized shares	90,000,000	90,000,000
Common stock, issued shares	66,216,278	66,027,453
Common stock, outstanding shares	66,216,278	66,027,453

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
REVENUES	$ 3,400,294	$ 2,270,143	$ 6,347,675	$ 5,222,457
COST OF REVENUES	3,307,858	2,409,000	6,359,292	5,413,854
GROSS PROFIT (LOSS)	92,436	(138,857)	(11,617)	(191,397)
OPERATING INCOME (EXPENSE):
General and administrative	296,107	244,726	566,843	452,223
Professional fees	30,583	27,084	142,372	118,322
Gain on liability adjustment	0	0	(914,967)	0
Hillgrove deferred revenue (note 9)	(46,088)	0	(58,139)	0
Gain on sale of asset	0	0	(5,200)	(5,450)
TOTAL OPERATING EXPENSES	280,602	271,810	(269,091)	565,095
GAIN (LOSS) FROM OPERATIONS	(188,166)	(410,667)	257,474	(756,492)
OTHER INCOME (EXPENSE):
Interest income	1,939	31	5,107	2,789
Interest expense	(204)	(649)	(630)	(763)
Factoring expense	(11,330)	(12,987)	(19,684)	(27,976)
TOTAL OTHER INCOME (EXPENSE)	(9,595)	(13,605)	(15,207)	(25,950)
INCOME (LOSS) BEFORE INCOME TAXES	(197,761)	(424,272)	242,267	(782,442)
Income tax (expense) benefit	0	0
NET INCOME (LOSS)	$ (197,761)	$ (424,272)	$ 242,267	$ (782,442)
Preferred dividends	$ (12,162)	$ (12,162)	$ (24,325)	$ (24,325)
Net income (loss) available to common stockholders	$ (209,923)	$ (436,434)	$ 217,943	$ (806,767)
Net income (loss) per share of common stock:
Basic		$ (0.01)		$ (0.01)
Diluted		$ (0.01)		$ (0.01)
Weighted average shares outstanding:
Basic	66,216,278	63,425,109	66,130,650	63,336,630
Diluted	66,216,278	63,425,109	66,300,522	63,336,630

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash Flows From Operating Activities:
Net income (loss)	$ 242,267	$ (782,442)
Adjustments to reconcile net loss to net cash used by operating activities:
Depreciation and amortization expense	442,400	372,819
Gain on sale of asset	(5,200)	(5,450)
Hillgrove deferred revenue	(58,139)	0
Gain on liability adjustment	(914,967)	0
Accretion of asset retirement obligation	2,569	(4,810)
Write down of other assets	$ 69,228	$ 0
Common stock issued for services	2,950	19,800
Change in:
Accounts receivable, net	$ (445,157)	$ (178,053)
Inventories	(882,727)	(109,266)
Other current assets	(400,009)	(39,270)
Other assets	(28,305)	(33,545)
Accounts payable	1,391,073	820,445
Due to factor	141,477	(4,605)
Accrued payroll, taxes and interest	33,423	88,921
Other accrued liabilities	20,906	17,634
Stock payable to directors for services	75,000	0
Deferred revenue	137,184	(18,000)
Payables to related parties	30,228	20,462
Net cash provided (used) by operating activities	(145,799)	164,640
Cash Flows From Investing Activities:
Purchase of properties, plants and equipment	(894,158)	(632,278)
Proceeds from sale of assets	5,200	0
Net cash used by investing activities	(888,958)	(632,278)
Cash Flows From Financing Activities:
Proceeds from issuance of long term debt	0	130,000
Proceeds from note payable to bank	97,297	0
Proceeds from Hillgrove Ltd	919,640	0
Proceeds from sales of common stock		1,937,165
Proceeds from related party, net	0	50,000
Principal paid notes payable to bank, net	0	(38,520)
Principal payments on long-term debt	(31,738)	(59,874)
Net cash provided (used) by financing activities	985,199	2,018,771
Cash and cash equivalents at beginning of period	123,683
Cash and cash equivalents at end of period	74,125
Noncash investing activities:
Properties, plants and equipment acquired with long-term debt	0	19,040
Common stock issued to directors	125,000	0
Common stock issued for debt payment	0	330,000
Equipment sold for note receivable	0	10,000
Common stock issued for notes receivable	$ 0	$ 150,000

1. Basis of Presentation

1. Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	The unaudited consolidated financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America for interim financial information, as well as the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of the Company’s management, all adjustments (consisting of only normal recurring accruals) considered necessary for a fair presentation of the interim financial statements have been included. Operating results for the three and six month periods ended June 30, 2015 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2015. Reclassifications Certain consolidated financial statement amounts for the three and six month periods ended June 30, 2014, have been reclassified to conform to the 2015 presentation. These reclassifications had no effect on the net income (loss) or accumulated deficit as previously reported. Management estimates the effective tax rate at 0% for the current year. For further information refer to the financial statements and footnotes thereto in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014. During the six months ended June 30, 2015 and 2014, the Company incurred interest expense of $25,295 and $53,326, respectively, of which $25,113 and $52,563, respectively, has been capitalized as part of the cost of construction projects in Mexico.

2. Income (Loss) Per Common Sha

2. Income (Loss) Per Common Share	6 Months Ended
	Jun. 30, 2015
Net income (loss) per share of common stock:
Loss Per Common Share	Basic earnings per share is calculated by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share is calculated based on the weighted average number of common shares outstanding during the period plus the effect of potentially dilutive common stock equivalents, including warrants to purchase the Company's common stock and convertible preferred stock. Warrants equal to common stock equivalents of 169,872 shares have been added to the weighted average shares of outstanding common stock of 66,130,650 at June 30, 2015, to determine the diluted income per share for the six months ended June 30, 2015. Management has determined that the calculation of diluted earnings per share for the quarter ended June 30, 2015 and the six and three month period ended June 30, 2014, is not applicable since any additions to outstanding shares related to common stock equivalents would be anti-dilutive. As of June 30, 2015 and 2014, the potentially dilutive common stock equivalents not included in the calculation of diluted earnings per share as their effect would have been anti-dilutive are as follows: June 30, 2015 June 30, 2014 Warrants 250,000 2,039,407 Convertible preferred stock 1,751,005 1,751,005 Total possible dilution 2,001,005 3,790,412

3. Inventories

3. Inventories	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories at June 30, 2015 and December 31, 2014, consisted primarily of finished antimony products, antimony metal, antimony ore, and finished zeolite products that are stated at the lower of first-in, first-out cost or estimated net realizable value. Finished antimony products, antimony metal and finished zeolite products costs include raw materials, direct labor and processing facility overhead costs and freight. Inventory at June 30, 2015 and December 31, 2014, is as follows: June 30, 2015 December 31, 2014 Antimony Metal $ 404,476 $ 40,352 Antimony Oxide 584,385 718,982 Antimony Concentrates 538,646 33,545 Antimony Ore 650,820 447,262 Total antimony 2,178,327 1,240,141 Zeolite 137,939 193,398 $ 2,316,266 $ 1,433,539 During the first quarter of 2015 the Company discovered it had been overcharged for raw material purchases from a vendor. The Company brought the matter to the vendor’s attention and received a $927,018 credit to accounts payable due the vendor that has been recorded as gain on liability adjustment during the six months ended June 30, 2015.

4. Accounts Receivable and Due

4. Accounts Receivable and Due to Factor	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Accounts Receivable and Due to Factor	The Company factors designated trade receivables pursuant to a factoring agreement with LSQ Funding Group L.C., an unrelated factor (the “Factor”). The agreement specifies that eligible trade receivables are factored with recourse. We submit selected trade receivables to the factor, and receive 83% of the face value of the receivable by wire transfer. The Factor withholds 15% as retainage, and 2% as a servicing fee. Upon payment by the customer, we receive the remainder of the amount due from the factor. The 2% servicing fee is recorded on the consolidated statement of operations in the period of sale to the factor. John Lawrence, CEO, is a personal guarantor of the amount due to Factor. Trade receivables assigned to the Factor are carried at the original invoice amount less an estimate made for doubtful accounts. Under the terms of the recourse provision, the Company is required to reimburse the Factor, upon demand, for factored receivables that are not paid on time. Accordingly, these receivables are accounted for as a secured financing arrangement and not as a sale of financial assets. The allowance for doubtful accounts is based on management’s regular evaluation of individual customer’s receivables and consideration of a customer’s financial condition and credit history. Trade receivables are written off when deemed uncollectible. Recoveries of trade receivables previously written off are recorded when received. Interest is not charged on past due accounts. We present the receivables, net of allowances, as current assets and we present the amount potentially due to the Factor as a secured financing in current liabilities. Accounts Receivble June 30, 2015 December 31, 2014 Accounts receivable - non factored $ 749,072 $ 445,391 Accounts receivable - factored with recourse 154,790 13,314 less allowance for doubtful accounts (4,031 ) (4,031 ) Accounts receivable - net $ 899,831 $ 454,674

5. Mineral Properties

5. Mineral Properties	6 Months Ended
	Jun. 30, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	Guadalupe On March 7, 2012 and on April 4, 2012 the Company entered into a supply agreement and a loan agreement, respectively, (“the Agreements”) with several individuals collectively referred to as ‘Grupo Roga’ or ‘Guadalupe.’ The individuals are the holders of mining concessions located in Mexico in which the Company is interested. The supply agreement specified that the Company would advance monies to Guadalupe for specific expenses, including repairs of road and payment of mining taxes. In addition, the Company agreed to purchase antimony ore mined at Guadalupe and pay for mining and trucking costs incurred with the condition that the ore maintain a grade of 3% or more of recoverable antimony. The advances are to be repaid by deducting 10% from the value of each antimony ore shipment. During the first six months of 2015 and 2014, the recoverable grade of antimony was less than 3% and the amounts due the Company from Guadalupe increased as a result of recoverable antimony shortfalls. Negotiations between the Company and Grupo Roga during the second quarter of 2015 resulted in a write down of other assets $69,228. The Agreements with Guadalupe granted the Company an option to purchase the concessions outright for $2,000,000. The Agreements also provide that in event of a breach of the terms by Guadalupe that the Company has a right to enter the property and take possession of the mining concessions. The advances are collateralized by a mortgage on the concessions. As of June 30, 2015 and December 31, 2014, the Company had cumulative loans and advances due from Guadalupe of $586,893 and $605,737, respectively, included in its other assets. Soyatal On October 30, 2009, the Company entered into a supply agreement with the owners of the Soyatal concessions similar to that of Guadalupe. During the term of the supply agreement the Company funded certain of Soyatal’s equipment purchases, tax payments, labor costs, milling and trucking costs, and other expenses incurred in the Soyatal mining operations for approximately $140,000. In addition to the advances for mining costs, the Company purchased antimony ore from Soyatal that failed to meet agreed upon antimony metal recoveries and resulted in approximately $320,000 of excess advances paid to Soyatal. On April 4, 2012, the Company negotiated an option to purchase the Soyatal properties for $1,500,000, and made a deposit on the option of $55,000. On August 5, 2013, the Company notified the owners of Soyatal that it was exercising the option to purchase the Soyatal property. The option exercise agreement allowed the Company to apply all amounts previously due the Company (the “Purchase Price Credits”) by Soyatal of $420,411 to the purchase price consideration. At December 31, 2013, the Company had Purchase Price Credits of approximately $325,000 which can be used as payments on the obligation at the rate of $100,000 per year until gone. The Company is obligated to make payments of $200,000 annually through 2020, and a final payment of $100,000 is due in 2021. The debt payable for the Soyatal mine is non-interest bearing. In 2013, the Company recorded the debt and the related Soyatal mine asset by determining the net present value of the contractual stream of payments due using a 6% discount rate. The resulting discount on the Soyatal debt was approximately $212,000 at December 31, 2013, and is netted against the debt payable resulting in a discounted amount of $762,541 at December 31, 2013. The discount is being amortized to interest expense using the effective interest method over the life of the debt. During 2014, $45,752 of the discount was amortized to the Soyatal debt, resulting in a discounted amount owed of $808,293 and a remaining debt discount of approximately $166,248 at December 31, 2014. The Company agreed to pay the Soyatal debt holder $100,000 during 2014 as part of the down payment agreement, and at June 30, 2015, $7,605 of this amount was still owed. In addition, the Company did not make the $100,000 payment due in January of 2015. The Company has begun making payments of $5,000 per month that have been informally agreed to by the parties while the future payment terms of the Soyatal debt are negotiated. These payments have been recorded as reductions to the obligation the Company agreed to pay in 2014 as noted above.

6. Commitments and Contingencie

6. Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	In 2005, Antimonio de Mexico S.A. de C.V. (“AM”) signed an option agreement that gives AM the exclusive right to explore and develop the San Miguel I and San Miguel II concessions for annual payments. Total payments will not exceed $1,430,344, reduced by taxes paid. During the six months ended June 30, 2015 and the year ended December 31, 2014, $25,000 and $200,000, respectively, was paid and capitalized as mineral rights in accordance with the Company’s accounting policies. At June 30, 2015, the following payments are scheduled: $25,000 on July 15, 2015, $25,000 on August 15, 2015 and $25,000 on September 15, 2015, and $192,000 on December 15, 2015. In June of 2013, the Company entered into a lease to mine antimony ore from concessions located in the Wadley Mining district in Mexico. The lease calls for a mandatory term of one year and requires payments of $34,800 per month. The lease is renewable each year with a 15 day notice to the lessor, and agreement of terms. The lease was renewed in June of 2014. From time to time, the Company is assessed fines and penalties by the Mine Safety and Health Administration (“MSHA”). Using appropriate regulatory channels, management may contest these proposed assessments, and has accrued $716 and, $0, in other accrued liabilities as of June 30, 2015, and December 31, 2014, respectively, related to these settled claims. During the first quarter of 2015, the Company discovered that our IMMEX certification had expired and that the Company would be required to renew it. Without the IMMEX certification, the Company was required to pay the national sales tax of 16% on all items that the Company imports into Mexico, including capital items and the concentrates from Hillgrove of Australia. IMMEX requires that the Company export a minimum of 60% of everything that is imported into Mexico. The Company has not met this requirement at this time. At June 30, 2015, the Company had approximately $354,000, included in other current assets, on deposit with the Mexican tax authorities, and the Company believes that this will ultimately be refunded. The Company’s accountants and attorneys in Mexico are working on the refund application.

7. Notes Payable to Bank

7. Notes Payable to Bank	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
7. Notes Payable to Bank	During 2012, the Company negotiated a new credit facility increasing the Company’s lines of credit by $202,000. As part of this agreement, the Company has pledged two $101,000 certificates of deposit as collateral. The increased loan facility allows us access to borrowings at an interest rate of 5.0% for the portion of the credit line used. At June 30, 2015, we had drawn $97,297, which was reported as notes payable to bank. These notes are personally guaranteed by John C. Lawrence the Company’s President and Chairman of the Board of Directors. At June 30, 2015 and December 31, 2014, the Company had the following note payable to the bank: June 30, 2015 December 31, 2014 Promissory note payable to First Security Bank of Missoula, bearing interest at 5.0%, maturing February 27, 2016, payable on demand, collateralized by a lien on Certificate of Deposit number 48615 $ 97,297 $ 0 Total note payable to bank $ 97,297 $ 0

8. Long-Term Debt

8. Long-Term Debt	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Long - Term Debt	Long-Term debt at June 30, 2015 and December 31, 2014, is as follows: June 30, December 31, 2015 2014 Note payable to Wells Fargo Bank, bearing interest at 4%; payable in monthly installments of $477; maturing December 2016; collateralized by equipment. $ 7,482 $ 10,245 Note payable to Western States Equipment Co., bearing interest at 6.15%; payable in monthly installments of $2,032; maturing June 2015; collateralized by equipment. 11,977 Note payable to BMT Leasing, bearing interest at 13.38%; payable in monthly installments of $786; maturing December 2015; collateralized by equipment. 4,346 9,254 Note payable to Catepillar Financial, bearing interest at 5.95%; payable in monthly installments of $827; maturing September 2015; collateralized by equipment. 3,243 8,051 Note payable toDe Lage Landen Financial Services, bearing interest at 5.30%; payable in monthly installments of $549; maturing March 2016; collateralized by equipment. 5,359 7,951 Note payable to De Lage Landen Financial Services, bearing interest at 5.12%; payable in monthly installments of $697; maturing December 2014; collateralized by equipment. 689 Note payable to Phyllis Rice, bearing interest at 1%; payable in monthly installments of $2,000; maturing March 2015; collateralized by equipment. 14,146 18,146 Obligation payable for Soyatal Mine, non-interest bearing, annual payments of $100,000 or $200,000 through 2019, net of discount. 829,542 808,293 864,118 - 874,606 Less current portion (232,071 ) (159,278 ) Long-term portion $ 632,047 $ 715,328 At June 30, 2015, principal payments on debt are due as follows: Year Ending June 30, 2016 $ 232,071 2017 102,321 2018 174,589 2019 200,000 2020 155,137 $ 864,118

9. Hillgrove Advances Payable

9. Hillgrove Advances Payable	6 Months Ended
	Jun. 30, 2015
Hillgrove Advances Payable
Hillgrove Advances Payable	On November 7, 2014, the Company entered into a loan and processing agreement with Hillgrove Mines Pty Ltd of Australia (Hillgrove) by which Hillgrove will advance the Company funds to be used to expand its smelter in Madero, Mexico, and in Thompson Falls, Montana. The agreement states that if a stop notice is issued by Hillgrove within one year of the date of the agreement, the Company is only obligated to repay 50% of the funds advanced at that point. If a stop notice is issued between one year and two years, there is a formula to prorate the repayment amount from 50% to 81.25%. If a stop order is issued after two years, the repayment obligation is 81.25% of the funds advanced at that point. The Company has recorded the Hillgrove advances payable net of the 18.75% discount on the obligation due if Hillgrove issues a stop order after two years. As of June 30, 2015, a discount of $116,277 has been recorded as deferred revenue and is being recognized ratably over a two year period; during the six month period ended June 30, 2015; $58,139 was recognized as income. From the date of the contract through June 30, 2015, Hillgrove has advanced the Company a total of $1,271,821, of which $1,097,405 has been recorded as a long-term liability at June 30, 2015.

10. Concentrations of Risk

10. Concentrations of Risk	6 Months Ended
	Jun. 30, 2015
Risks and Uncertainties [Abstract]
Concentrations of Risk	Sales to Three For the three Months Ended For the Six Months Ended Largest Customers June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Alpha Gary Corporation $ 880,515 $ 660,251 $ 1,850,475 $ 1,803,101 East Penn Manufacturing Inc. 332,024 - - Kohler Corporation 484,260 376,677 824,733 1,155,443 Agranco - 250,919 Polymer Products Corporation 430,073 Ampacet Corporation 196,784 - $ 1,696,799 $ 1,233,712 $ 3,105,281 $ 3,209,463 % of Total Revenues 50.10 % 54.20 % 48.90 % 61.40 % Three Largest Accounts Receivable June 30, 2015 December 31, 2014 Kohler Corporation $ 166,109 GE Lighting (LPC) 162,582 Earth Innovations 62,019 Milestone AV Technologies, Inc. 42,075 Sanders Lead Company 161,172 Teck American, Inc. 227,239 $ 489,863 $ 331,333 % of Total Receivables 64.60 % 72.87 %

11. Related Party Transactions

11. Related Party Transactions	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions	During the three and six months ended June 30, 2015 and 2014, the Chairman of the audit committee and compensation committee received $18,000 and $9,000, respectively, for services performed. During the three and six months ended June 30, 2015 and 2014, the Company paid $5,712 and $19,422 in 2015, and $1,704 and $3,296 in 2014, respectively, to John Lawrence, our President and Chief Executive Officer, as reimbursement for equipment used by the Company.

12. Income Taxes

12. Income Taxes	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Income Taxes	The Company has sufficient net operating losses to offset the taxable income from the first six months of 2015. During the six months ended June 30, 2015, and the year ended December 31, 2014, the Company determined that a valuation allowance equal to 100% of any deferred tax asset was appropriate, as management of the Company cannot determine that it is more likely than not the Company will realize the benefit of a net deferred tax asset. The net effect is that the deferred tax asset as of December 31, 2014, and any deferred tax assets that may have been incurred since then, are fully reserved for at June 30, 2015.

13. Stockholder's Equity

13. Stockholder's Equity	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Stockholder's Equity	Issuance of Common Stock for Cash During the six months ended June 30, 2014, the Company sold an aggregate of 1,217,571 shares of its common stock for $1.40 per share. The sales resulted in $1,698,166 of net proceeds to the Company. During the quarter ended March 31, 2014, shareholders exercised their rights to convert warrants into 125,000 shares common stock for $170,000. Issuance of Common Stock for Payable to Board of Directors During the quarter ended March 31, 2015, the Board of Directors was issued a total of 183,825 shares of common stock for $125,000 in director’s fees that were payable at December 31, 2014. In addition during the quarter, the Company accrued $75,000 in directors fees payable that will be paid in common stock. Issuance of Common Stock for Services During the quarter ended March 31, 2015, 5,000 shares were issued to Bert Denton for services totaling $2,950. Issuance of Common Stock for Notes Payable In the fourth quarter of 2013, the Company borrowed $150,000 from Mr. and Mrs. Robert Detwiler, stockholders of the Company. Prior to the end of 2013, the Detwiler’s converted their notes into 120,000 shares common stock and 60,000 stock purchase warrants. The terms of the conversion were identical to those offered other investors that purchased common stock and warrants near the time of the conversion and no gain or loss on the conversion resulted. During the three months ended June 30, 2014, the Company issued 235,717 shares of its commons stock to Mr. and Mrs. Robert Detwiler and two other shareholders in satisfaction of $330,000 of additional debt that the Detwiler’s and two other shareholders had loaned the Company. Again, the terms of the share payment were identical to those offered other investors that purchased common stock during the second quarter offering. The notes receivable of $120,000 from the Detwilers are not included in assets, and are treated as a reduction of equity according to generally accepted accounting principles. Common Stock Warrants The Company's Board of Directors has the authority to issue stock warrants for the purchase of preferred or unregistered common stock to directors and employees of the Company. No warrants were issued or exercised during the six months ended June 30, 2015. 476,917 warrants exercisable at $4.50 per share expired in the second quarter of 2015. Transactions in common stock warrants are as follows: Number of Warrants Exercise Prices Balance, December 31, 2012 1,934,667 $ .25 - $4.50 Warrants issued 629,740 $ 1.20-$1.60 Warrants exercised (25,000 ) $ 1.20 Warrants expired (50,000 ) $ 4.50 Balance, December 31, 2013 2,489,407 $ 0.25 - $4.50 Warrants exercised (346,625 ) $ 1.20-$1.60 Warrants expired (1,415,865 ) Balance, December 31, 2014 726,917 $ 0.25 - $4.50 Warrants expired (476,917 ) Balance, June 30, 2015 250,000 $ 0.25 The above common stock warrants expire as follows: Year ended December 31: No Expiration Date 250,000 $ 0.25 250,000

14. Business Segments

14. Business Segments	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Business Segments	The Company is currently organized and managed by three segments, which represent our operating units: United States antimony operations, Mexican antimony operations and United States zeolite operations. The Company’s other operating costs Other income and expense The Madero smelter and Puerto Blanco mill at the Company’s Mexico operation brings antimony up to an intermediate stage, which is then shipped to the United States operation for finishing and sales at the Thompson Falls, Montana plant. The Zeolite operation produces Zeolite near Preston, Idaho. Almost all of the sales of products from the United States antimony and Zeolite operations are to customers in the United States. Segment disclosure regarding sales to major customers is located in Notes 10. As of June 30, 2015 As of December 31, 2014 Properties, plants and equipment, net: Antimony United States $ 1,907,244 $ 1,936,894 Mexico 10,577,765 9,996,579 Subtotal Antimony 12,485,009 11,933,473 Zeolite 1,499,803 1,578,330 $ 13,984,812 $ 13,511,803 Total Assets: As of June 30, 2015 As of December 31, 2014 Antimony United States $ 3,475,624 $ 3,045,426 Mexico 13,237,965 11,415,198 Subtotal Antimony 16,713,589 14,460,624 Zeolite 1,941,863 2,084,407 $ 18,655,452 $ 16,545,031 For the Six Months Ended Capital expenditures: June 30, 2015 June 30, 2014 Antimony United States $ - $ 73,893 Mexico 860,684 527,003 Subtotal Antimony 860,684 600,896 Zeolite 33,474 50,422 Total $ 894,158 $ 651,318 Segment Operations for the Antimony Antimony Bear River Three Months ended June 30, 2015 USAC Mexico Zeolite Totals Total revenues $ 2,806,392 $ 12,248 $ 581,850 $ 3,400,490 Production costs 1,297,562 1,198,647 239,040 2,735,249 Depreciation and amortization 14,500 151,875 56,000 222,375 Other operating costs 159,790 88,251 117,135 365,176 Other operating income - (46,088 ) - (46,088 ) Total operating expenses 1,471,852 1,392,685 412,175 3,276,712 Income (loss) from operations 1,334,540 (1,380,437 ) 169,675 123,778 Other income (expense): (284,029 ) (21,992 ) (15,518 ) (321,539 ) Income (loss) before income taxes 1,050,511 (1,402,429 ) 154,157 (197,761 ) NET INCOME (LOSS) $ 1,050,511 $ (1,402,429 ) $ 154,157 $ (197,761 ) Segment Operations for the Antimony Antimony Bear River Three Months ended June 30, 2014 USAC Mexico Zeolite Totals Total revenues $ 1,774,249 $ 495,894 $ 2,270,143 Production costs 956,644 904,029 360,560 2,221,233 Depreciation and amortization 15,585 116,879 55,302 187,766 Other operating costs 251,805 17,082 16,560 285,447 Total operating expenses 1,224,034 1,037,990 432,422 2,694,446 Income (loss) from operations 550,215 (1,037,990 ) 63,472 (424,303 ) Other income (expense): 31 - - 31 Income (loss) before income taxes 550,246 (1,037,990 ) 63,472 (424,272 ) NET INCOME (LOSS) $ 550,246 $ (1,037,990 ) $ 63,472 $ (424,272 ) Segment Operations for the Antimony Antimony Bear River Six Months ended June 30, 2015 USAC Mexico Zeolite Totals Total revenues $ 5,168,816 $ 12,248 $ 1,166,611 $ 6,347,675 Production costs 2,147,075 2,458,345 647,378 5,252,798 Depreciation and amortization 29,650 300,750 112,000 442,400 Other operating costs 295,997 122,985 245,112 664,094 Other operating income (914,967 ) (58,139 ) - (973,106 ) Total operating expenses 1,557,755 2,823,941 1,004,490 5,386,186 Income (loss) from operations 3,611,061 (2,811,693 ) 162,121 961,489 Other income (expense): (631,028 ) (61,325 ) (26,869 ) (719,222 ) Income (loss) before income taxes 2,980,033 (2,873,018 ) 135,252 242,267 NET INCOME (LOSS) $ 2,980,033 $ (2,873,018 ) $ 135,252 $ 242,267 Segment Operations for the Antimony Antimony Bear River Six Months ended June 30, 2014 USAC Mexico Zeolite Totals Total revenues $ 4,068,114 $ - $ 1,154,343 $ 5,222,457 Production costs 2,514,217 1,683,987 840,410 5,038,614 Depreciation and amortization 31,750 230,865 110,204 372,819 Other operating costs 529,626 39,140 32,939 601,705 Total operating expenses 3,075,593 1,953,992 983,553 6,013,138 Income (loss) from operations 992,521 (1,953,992 ) 170,790 (790,681 ) Other income (expense): 1,614 5,450 1,175 8,239 Income (loss) before income taxes 994,135 (1,948,542 ) 171,965 (782,442 ) NET INCOME (LOSS) $ 994,135 $ (1,948,542 ) $ 171,965 $ (782,442 )

2. Income (Loss) Per Common S20

2. Income (Loss) Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2015
Net income (loss) per share of common stock:
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	June 30, 2015 June 30, 2014 Warrants 250,000 2,039,407 Convertible preferred stock 1,751,005 1,751,005 Total possible dilution 2,001,005 3,790,412

3. Inventories (Tables)

3. Inventories (Tables)	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventories	June 30, 2015 December 31, 2014 Antimony Metal $ 404,476 $ 40,352 Antimony Oxide 584,385 718,982 Antimony Concentrates 538,646 33,545 Antimony Ore 650,820 447,262 Total antimony 2,178,327 1,240,141 Zeolite 137,939 193,398 $ 2,316,266 $ 1,433,539

4. Accounts Receivable and Du22

4. Accounts Receivable and Due to Factor (Tables)	6 Months Ended
	Jun. 30, 2015
Accounts Receivable And Due To Factor Tables
Account Receivables	Accounts Receivble June 30, 2015 December 31, 2014 Accounts receivable - non factored $ 749,072 $ 445,391 Accounts receivable - factored with recourse 154,790 13,314 less allowance for doubtful accounts (4,031 ) (4,031 ) Accounts receivable - net $ 899,831 $ 454,674

7. Notes Payable to Bank (Table

7. Notes Payable to Bank (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Summary of notes payable to bank	June 30, 2015 December 31, 2014 Promissory note payable to First Security Bank of Missoula, bearing interest at 5.0%, maturing February 27, 2016, payable on demand, collateralized by a lien on Certificate of Deposit number 48615 $ 97,297 $ 0 Total note payable to bank $ 97,297 $ 0

8. Long-Term Debt (Tables)

8. Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Long - Term Debt	Long-Term debt at June 30, 2015 and December 31, 2014, is as follows: June 30, December 31, 2015 2014 Note payable to Wells Fargo Bank, bearing interest at 4%; payable in monthly installments of $477; maturing December 2016; collateralized by equipment. $ 7,482 $ 10,245 Note payable to Western States Equipment Co., bearing interest at 6.15%; payable in monthly installments of $2,032; maturing June 2015; collateralized by equipment. 11,977 Note payable to BMT Leasing, bearing interest at 13.38%; payable in monthly installments of $786; maturing December 2015; collateralized by equipment. 4,346 9,254 Note payable to Catepillar Financial, bearing interest at 5.95%; payable in monthly installments of $827; maturing September 2015; collateralized by equipment. 3,243 8,051 Note payable toDe Lage Landen Financial Services, bearing interest at 5.30%; payable in monthly installments of $549; maturing March 2016; collateralized by equipment. 5,359 7,951 Note payable to De Lage Landen Financial Services, bearing interest at 5.12%; payable in monthly installments of $697; maturing December 2014; collateralized by equipment. 689 Note payable to Phyllis Rice, bearing interest at 1%; payable in monthly installments of $2,000; maturing March 2015; collateralized by equipment. 14,146 18,146 Obligation payable for Soyatal Mine, non-interest bearing, annual payments of $100,000 or $200,000 through 2019, net of discount. 829,542 808,293 864,118 - 874,606 Less current portion (232,071 ) (159,278 ) Long-term portion $ 632,047 $ 715,328
Debt Outstanding	Year Ending June 30, 2016 $ 232,071 2017 102,321 2018 174,589 2019 200,000 2020 155,137 $ 864,118

10. Concentration of Risk (Tabl

10. Concentration of Risk (Tables)	6 Months Ended
	Jun. 30, 2015
Concentration Of Risk Tables
Major Customers Revenue Details	Sales to Three For the three Months Ended For the Six Months Ended Largest Customers June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Alpha Gary Corporation $ 880,515 $ 660,251 $ 1,850,475 $ 1,803,101 East Penn Manufacturing Inc. 332,024 - - Kohler Corporation 484,260 376,677 824,733 1,155,443 Agranco - 250,919 Polymer Products Corporation 430,073 Ampacet Corporation 196,784 - $ 1,696,799 $ 1,233,712 $ 3,105,281 $ 3,209,463 % of Total Revenues 50.10 % 54.20 % 48.90 % 61.40 % Three Largest Accounts Receivable June 30, 2015 December 31, 2014 Kohler Corporation $ 166,109 GE Lighting (LPC) 162,582 Earth Innovations 62,019 Milestone AV Technologies, Inc. 42,075 Sanders Lead Company 161,172 Teck American, Inc. 227,239 $ 489,863 $ 331,333 % of Total Receivables 64.60 % 72.87 %

13. Stockholder's Equity (Table

13. Stockholder's Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Common Stock Warrant	Number of Warrants Exercise Prices Balance, December 31, 2012 1,934,667 $ .25 - $4.50 Warrants issued 629,740 $ 1.20-$1.60 Warrants exercised (25,000 ) $ 1.20 Warrants expired (50,000 ) $ 4.50 Balance, December 31, 2013 2,489,407 $ 0.25 - $4.50 Warrants exercised (346,625 ) $ 1.20-$1.60 Warrants expired (1,415,865 ) Balance, December 31, 2014 726,917 $ 0.25 - $4.50 Warrants expired (476,917 ) Balance, June 30, 2015 250,000 $ 0.25 The above common stock warrants expire as follows: Year ended December 31: No Expiration Date 250,000 $ 0.25 250,000

14. Business Segments (Tables)

14. Business Segments (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Information	As of June 30, 2015 As of December 31, 2014 Properties, plants and equipment, net: Antimony United States $ 1,907,244 $ 1,936,894 Mexico 10,577,765 9,996,579 Subtotal Antimony 12,485,009 11,933,473 Zeolite 1,499,803 1,578,330 $ 13,984,812 $ 13,511,803 Total Assets: As of June 30, 2015 As of December 31, 2014 Antimony United States $ 3,475,624 $ 3,045,426 Mexico 13,237,965 11,415,198 Subtotal Antimony 16,713,589 14,460,624 Zeolite 1,941,863 2,084,407 $ 18,655,452 $ 16,545,031
Capital Expenditure Information	For the Six Months Ended Capital expenditures: June 30, 2015 June 30, 2014 Antimony United States $ - $ 73,893 Mexico 860,684 527,003
Segment Revenue Information	Segment Operations for the Antimony Antimony Bear River Three Months ended June 30, 2015 USAC Mexico Zeolite Totals Total revenues $ 2,806,392 $ 12,248 $ 581,850 $ 3,400,490 Production costs 1,297,562 1,198,647 239,040 2,735,249 Depreciation and amortization 14,500 151,875 56,000 222,375 Other operating costs 159,790 88,251 117,135 365,176 Other operating income - (46,088 ) - (46,088 ) Total operating expenses 1,471,852 1,392,685 412,175 3,276,712 Income (loss) from operations 1,334,540 (1,380,437 ) 169,675 123,778 Other income (expense): (284,029 ) (21,992 ) (15,518 ) (321,539 ) Income (loss) before income taxes 1,050,511 (1,402,429 ) 154,157 (197,761 ) NET INCOME (LOSS) $ 1,050,511 $ (1,402,429 ) $ 154,157 $ (197,761 ) Segment Operations for the Antimony Antimony Bear River Three Months ended June 30, 2014 USAC Mexico Zeolite Totals Total revenues $ 1,774,249 $ 495,894 $ 2,270,143 Production costs 956,644 904,029 360,560 2,221,233 Depreciation and amortization 15,585 116,879 55,302 187,766 Other operating costs 251,805 17,082 16,560 285,447 Total operating expenses 1,224,034 1,037,990 432,422 2,694,446 Income (loss) from operations 550,215 (1,037,990 ) 63,472 (424,303 ) Other income (expense): 31 - - 31 Income (loss) before income taxes 550,246 (1,037,990 ) 63,472 (424,272 ) NET INCOME (LOSS) $ 550,246 $ (1,037,990 ) $ 63,472 $ (424,272 ) Segment Operations for the Antimony Antimony Bear River Six Months ended June 30, 2015 USAC Mexico Zeolite Totals Total revenues $ 5,168,816 $ 12,248 $ 1,166,611 $ 6,347,675 Production costs 2,147,075 2,458,345 647,378 5,252,798 Depreciation and amortization 29,650 300,750 112,000 442,400 Other operating costs 295,997 122,985 245,112 664,094 Other operating income (914,967 ) (58,139 ) - (973,106 ) Total operating expenses 1,557,755 2,823,941 1,004,490 5,386,186 Income (loss) from operations 3,611,061 (2,811,693 ) 162,121 961,489 Other income (expense): (631,028 ) (61,325 ) (26,869 ) (719,222 ) Income (loss) before income taxes 2,980,033 (2,873,018 ) 135,252 242,267 NET INCOME (LOSS) $ 2,980,033 $ (2,873,018 ) $ 135,252 $ 242,267 Segment Operations for the Antimony Antimony Bear River Six Months ended June 30, 2014 USAC Mexico Zeolite Totals Total revenues $ 4,068,114 $ - $ 1,154,343 $ 5,222,457 Production costs 2,514,217 1,683,987 840,410 5,038,614 Depreciation and amortization 31,750 230,865 110,204 372,819 Other operating costs 529,626 39,140 32,939 601,705 Total operating expenses 3,075,593 1,953,992 983,553 6,013,138 Income (loss) from operations 992,521 (1,953,992 ) 170,790 (790,681 ) Other income (expense): 1,614 5,450 1,175 8,239 Income (loss) before income taxes 994,135 (1,948,542 ) 171,965 (782,442 ) NET INCOME (LOSS) $ 994,135 $ (1,948,542 ) $ 171,965 $ (782,442 )

1. Basis of Presentation (Detai

1. Basis of Presentation (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Accounting Policies [Abstract]
Interest expense	$ 25,295	$ 53,326
Capitalized cost of construction	$ 25,113	$ 52,563
Effective tax rate	0.00%

2. Income (Loss) Per Common S29

2. Income (Loss) Per Common Share (Details) - shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Net income (loss) per share of common stock:
Warrants	250,000	2,039,407
Convertible preferred stock	1,751,005	1,751,005
Total possible dilution	2,001,005	3,790,412

3. Inventories (Details)

3. Inventories (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Inventories	$ 2,316,266	$ 1,433,539
Antimony Oxide - Finished
Inventories	584,385	718,982
Antimony Metal [Member]
Inventories	404,476	40,352
Antimony Concentrates
Inventories	538,646
Antimony Ore [Member]
Inventories	650,820	447,262
Antimony [Member]
Inventories	2,178,327	1,240,141
Zeolite [Member]
Inventories	$ 137,939	$ 193,398

3. Inventories (Details Narrati

3. Inventories (Details Narrative)	6 Months Ended
	Jun. 30, 2015USD ($)
Inventories Details Narrative
Gain on liability adjustment accounts payable	$ 927,018

4. Accounts Receivable and Du32

4. Accounts Receivable and Due to Factor (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Accounts Receivable And Due To Factor Tables
Accounts receivable - non factored	$ 749,072	$ 445,391
Accounts receivable - factored with recourse	154,790	13,314
Less allowance for doubtful accounts	(4,031)	(4,031)
Accounts receivable - net	$ 899,831	$ 454,674

5. Other Assets (Details Narrat

5. Other Assets (Details Narrative) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Advances for equipment and antimony	$ 586,893	$ 605,737

6. Commitments and Contingenc34

6. Commitments and Contingencies (Details Narrative) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Payments paid for capitalized mineral rights	$ 25,000	$ 200,000
Payments scheduled	$25,000 on July 15, 2015, $25,000 on August 15, 2015 and $25,000 on September 15, 2015, and $192,000 on December 15, 2015.

7. Notes Payable to Bank (Detai

7. Notes Payable to Bank (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Notes payable to bank	$ 97,297	$ 0
Promissory note payable CD 48615
Notes payable to bank	$ 97,297	$ 0

8. Long - Term Debt (Details)

8. Long - Term Debt (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Total debt	$ 864,118	$ 874,606
Less current portion	(232,071)	(159,278)
Noncurrent portion	632,047	715,328
Wells fargo bank
Total debt	7,482	10,245
Western States Equipmen tCo
Total debt	0	11,977
BMT Leasing
Total debt	4,346	9,254
Catepillar Finance
Total debt	3,243	8,051
De Lage Landen Financial Services
Total debt	5,359	7,951
De Lage Landen Financial Services 1
Total debt	0	689
Phyllis Rice
Total debt	14,146	18,146
Soyatal Mine
Total debt	$ 829,542	$ 808,293

8. Long - Term Debt (Details 1)

8. Long - Term Debt (Details 1)	Jun. 30, 2015USD ($)
Long Term Debt Details 1
2,016	$ 232,071
2,017	102,321
2,018	174,589
2,019	200,000
2,020	155,137
2,021	0
Total	$ 864,118

10. Concentrations of Risk (Det

10. Concentrations of Risk (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Sales to Three Largest Customers	$ 1,696,799	$ 1,233,712	$ 3,105,281	$ 3,209,463
Total percentage of revenue	50.10%	54.20%	48.90%	61.40%
Alpha Gary Corporation
Sales to Three Largest Customers	$ 880,515	$ 660,251	$ 1,850,475	$ 1,803,101
East Penn Manufacturing Inc.
Sales to Three Largest Customers	332,024	0	0	0
Kohler Corporation
Sales to Three Largest Customers	484,260	376,677	824,733	1,155,443
Agranco
Sales to Three Largest Customers	0	0	0	250,919
Polymer Products Corporation
Sales to Three Largest Customers	0	0	430,073	0
Ampacet Corporation
Sales to Three Largest Customers	$ 0		$ 0	$ 0
Ampacet Corporation [Member]
Sales to Three Largest Customers		$ 196,784

10. Concentrations of Risk (D39

10. Concentrations of Risk (Details1) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Accounts Receivable	$ 489,863	$ 331,333
Total percentage of receivables	64.60%	72.87%
Kohler Corporation
Accounts Receivable	$ 166,109	$ 0
General Electric
Accounts Receivable	162,582	0
Earth Innovations
Accounts Receivable	0	62,019
Milestone AV Technologies Inc.
Accounts Receivable	0	42,075
Sanders Lead Company
Accounts Receivable	161,172	0
Teck American, Inc.
Accounts Receivable	$ 0	$ 227,239

11. Related Party Transactions

11. Related Party Transactions (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Chairman of the audit committee and compensation committee
Related Party Transactions	$ 18,000	$ 18,000	$ 9,000	$ 9,000
Chief Executive Officer
Related Party Transactions	$ 5,712	$ 1,704	$ 19,422	$ 3,296

13. Stockholder's Equity (Detai

13. Stockholder's Equity (Details) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Warrant
Beginning balance, shares	726,917	2,489,407
Warrants exercised, shares		(346,625)
Warrants expired, shares	(476,917)	(1,415,865)
Ending balance, shares	250,000	726,917	2,489,407
Ending balance Exercise Prices	$ 0.25
Minimum | Warrant
Warrants exercised, Exercise Prices		$ 1.20
Ending balance Exercise Prices		0.25
Maximum | Warrant
Warrants exercised, Exercise Prices		1.60
Ending balance Exercise Prices		$ 4.50
Warrant
Beginning balance, shares		2,489,407	1,934,667
Warrants issued, shares			629,740
Warrants exercised, shares			(25,000)
Warrants expired, shares			(50,000)
Ending balance, shares			2,489,407	1,934,667
Warrant | Minimum
Warrants issued, Exercise Prices			$ 1.20
Warrants exercised, Exercise Prices			1.20
Warrants expired, Exercise Prices			4.50
Ending balance Exercise Prices			0.25
Warrant | Maximum
Warrants issued, Exercise Prices			1.60
Ending balance Exercise Prices			$ 4.50
Minimum
Ending balance Exercise Prices				$ 0.25
Maximum
Ending balance Exercise Prices				$ 4.50

14. Business Segments (Details)

14. Business Segments (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Properties, plants and equipment, net	$ 13,984,812	$ 13,511,803
Total Assets	18,655,452	16,545,031
United States Antimony [Member]
Properties, plants and equipment, net	1,907,244	1,936,894
Total Assets	3,475,624	3,045,426
Mexico Antimony [Member]
Properties, plants and equipment, net	10,577,765	9,996,579
Total Assets	13,237,965	11,415,198
Subtotal Antimony [Member]
Properties, plants and equipment, net	12,485,009	11,933,473
Total Assets	16,713,589	14,460,624
Zeolite [Member]
Properties, plants and equipment, net	1,499,803	1,578,330
Total Assets	$ 1,941,863	$ 2,084,407

14. Business Segments (Details

14. Business Segments (Details 1) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Capital Expenditure	$ 894,158	$ 651,318
United States Antimony [Member]
Capital Expenditure	0	73,893
Mexico Antimony [Member]
Capital Expenditure	860,684	527,003
Subtotal Antimony [Member]
Capital Expenditure	860,684	600,896
Zeolite [Member]
Capital Expenditure	$ 33,474	$ 50,422

14. Business Segments (Detail44

14. Business Segments (Details 2) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Total revenues	$ 3,400,490	$ 2,270,143	$ 6,347,675	$ 5,222,457
Production costs	2,735,249	2,221,233	5,252,798	5,038,614
Depreciation and amortization	222,375	187,766	442,400	372,819
Other operating costs	365,176	285,447	664,094	601,705
Other operating income	(46,088)		(973,106)
Total operating expenses	3,276,712	2,694,446	5,386,186	6,013,138
Income (loss) from operations	123,778	(424,303)	961,489	(790,681)
Other income (expense):	(188,166)	(410,667)	257,474	(756,492)
Income (loss) before income taxes	(197,761)	(424,272)	242,267	(782,442)
Income tax provision	0	0
NET INCOME (LOSS)	(197,761)	(424,272)	242,267	(782,442)
United States Antimony [Member]
Total revenues	2,806,392	1,774,249	5,168,816	4,068,114
Production costs	1,297,562	956,644	2,147,075	2,514,217
Depreciation and amortization	14,500	15,585	29,650	31,750
Other operating costs	159,790	251,805	295,997	529,626
Other operating income	0		(914,967)
Total operating expenses	1,471,852	1,224,034	1,557,755	3,075,593
Income (loss) from operations	1,334,540	550,215	3,611,061	992,521
Other income (expense):	(284,029)	31	(631,028)	1,614
Income (loss) before income taxes	1,050,511	550,246	2,980,033	994,135
NET INCOME (LOSS)	1,050,511	550,246	2,980,033	994,135
Mexico Antimony [Member]
Total revenues	12,248	0	12,248	0
Production costs	1,198,647	904,029	2,458,345	1,683,987
Depreciation and amortization	151,875	116,879	300,750	230,865
Other operating costs	88,251	17,082	122,985	39,140
Other operating income	(46,088)		(58,139)
Total operating expenses	1,392,685	1,037,990	2,823,941	1,953,992
Income (loss) from operations	(1,380,437)	(1,037,990)	(2,811,693)	(1,953,992)
Other income (expense):	(21,992)	0	(61,325)	5,450
Income (loss) before income taxes	(1,402,429)	(1,037,990)	(2,873,018)	(1,948,542)
NET INCOME (LOSS)	(1,402,429)	(1,037,990)	(2,873,018)	(1,948,542)
Zeolite [Member]
Total revenues	581,850	495,894	1,166,611	1,154,343
Production costs	239,040	360,560	647,378	840,410
Depreciation and amortization	56,000	55,302	112,000	110,204
Other operating costs	117,135	16,560	245,112	32,939
Other operating income	0		0
Total operating expenses	412,175	432,422	1,004,490	983,553
Income (loss) from operations	169,675	63,472	162,121	170,790
Other income (expense):	(15,518)	0	(26,869)	1,175
Income (loss) before income taxes	154,157	63,472	135,252	171,965
NET INCOME (LOSS)	$ 154,157	$ 63,472	$ 135,252	$ 171,965