EXHIBIT 8



Subsidiaries of the Registrant



|                                                        |  |                                         |  |                                  
|------------------------------------------------------- |  | --------------------------------------- |  | ---------------------------------
|Name                                                    |  | Jurisdiction of Incorporation           |  | Percentage Ownership             
|China Coal Mining Investments Limited                   |  | Hong Kong Special Administrative Region |  | 100% (held by Registrant)        
|Feishang Dayun Coal Mining Limited                      |  | Hong Kong Special Administrative Region |  | 100% (held by Pineboom)          
|Feishang Mining Holdings Limited                        |  | British Virgin Islands                  |  | 100% (held by Registrant)        
|Feishang Yongfu Mining Limited                          |  | Hong Kong Special Administrative Region |  | 100% (held by Newhold)           
|FMH Corporate Services Inc.                             |  | Florida                                 |  | 100% (held by Registrant)        
|Guizhou Dayun Mining Co. Ltd.                           |  | Peoples Republic of China              |  | 100% (held by Yangpu Dashi)      
|Guizhou Fuyuantong Energy Co. Ltd.                      |  | Peoples Republic of China              |  | 100% (held by Smartact)          
|Guizhou Puxin Energy Co. Ltd.                           |  | Peoples Republic of China              |  | 100% (held by Guizhou Fuyuantong)
|Guizhou Yongfu Mining Co. Ltd.                          |  | Peoples Republic of China              |  | 70% (held by Yangpu Shuanghu)    
|Hainan Yangpu Dashi Industrial Co. Limited              |  | Peoples Republic of China              |  | 100% (held by Feishang Dayun)    
|Hainan Yangpu Shuanghu Enterprise Development Co. Ltd.  |  | Peoples Republic of China              |  | 100% (held by Feishang Yongfu)   
|Hong Kong Smartact Limited                              |  | Hong Kong Special Administrative Region |  | 100% (held by Wealthy Year)      
|Jinsha Baiping Mining Co. Ltd.                          |  | Peoples Republic of China              |  | 70% (held by Guizhou Puxin)      
|Liuzhi Linjiaao Coal Mining Co. Ltd.                    |  | Peoples Republic of China              |  | 99% (held by Guizhou Puxin)      
|Liuzhi Xinsong Coal Mining Co. Ltd.                     |  | Peoples Republic of China              |  | 99% (held by Guizhou Puxin)      
|Nayong Dayuan Coal Mining Co. Ltd.                      |  | Peoples Republic of China              |  | 99% (held by Guizhou Puxin)      
|Nayong Gouchang Coal Mining Co. Ltd.                    |  | Peoples Republic of China              |  | 99% (held by Guizhou Puxin)      
|Newhold Investments Limited                             |  | British Virgin Islands                  |  | 100% (held by Registrant)        
|Pineboom Investment Limited                             |  | British Virgin Islands                  |  | 100% (held by Registrant)        
|Shenzhen Feishang Management and Consulting Co. Limited |  | Peoples Republic of China              |  | 100% (held by Yunnan Mining)     
|Silver Moon Technologies Limited                        |  | British Virgin Islands                  |  | 80% (held by Registrant)         
|Sunwide Capital Limited                                 |  | British Virgin Islands                  |  | 100% (held by Registrant)        
|Wealthy Year Limited                                    |  | British Virgin Islands                  |  | 100% (held by Registrant)        
|Wuhu Feishang Mining Development Co. Ltd.               |  | Peoples Republic of China              |  | 100% (held by Feishang Mining)   
|Yangpu Lianzhong Mining Co. Ltd.                        |  | Peoples Republic of China              |  | 100% (held by China Coal)        
|Yunnan Feishang Mining Development Co. Ltd.             |  | Peoples Republic of China              |  | 100% (held by Wuhu Feishang)     
|                                                        |  |                                         |  |