Our current mining assets consist of four underground anthracite coal mines located in the Zhina Coal District and the Qianbei Coal District in Guizhou province.

As of July 31, 2013, we had total proved and probable coal reserves of approximately 208.87 million tonnes, total measured, indicated and inferred coal resources of 407.18 million tonnes and total permitted annual production capacity of 2.34 million tonnes.

Baiping Coal Mine
Baiping Coal Mine is our third largest mine as measured by proved and probable coal reserves. We operate Baiping Coal Mine through our 70%-owned subsidiary, Baiping Mining. Baiping Coal Mine covers an area of 4.9852 square kilometers and is located in Jinsha county, Qianbei Coal District.

Liujiaba Coal Mine
We operate Liujiaba Coal Mine through our wholly-owned subsidiary, Xinsong Coal. Liujiaba Coal Mine covers an area of 5.0287 square kilometers and is located in Liuzhi Special District, Zhina Coal District.

Yongsheng Coal Mine

Yongsheng Coal Mine is our second largest mine as measured by proved and probable coal reserves. We hold Yongsheng Coal Mine through our 70%-owned subsidiary, Guizhou Yongfu. Yongsheng Coal Mine covers an area of 18.2340 square kilometers and is located in the Qianbei Coal District.

Dayun Coal Mine
Dayun Coal Mine is our largest mine as measured by proved and probable coal reserves. We hold Dayun Coal Mine through our wholly-owned subsidiary, Guizhou Dayun. Dayun Coal Mine covers an area of 16.3570 square kilometers and is located in Jinsha county, Qianbei Coal District.