Shareholder Newsletter - October 2012

Dear Eric,

Globe Metals & Mining (�Globe� or �the Company�; ASX: GBE) is pleased to release its 4th shareholder newsletter. An easy read, this update is designed to provide you with a deeper understanding of our people, projects, investor relations activity and community focus.

Our October update features:

	Address from the Chairman
	Management Restructure
	Community update including the student visits at Kanyika
	Conferences attended during the quarter
	An interview with Globe�s CFO & Company Secretary, Kerry Angel

I trust you will enjoy learning more about the dedication of our people in this edition.

Malawi Education Fundraising

In October 2012, to continue to provide support to education in Malawi, Globe made a donation to the Rotary of Crawley Perth and African Students Union, UWA, to raise funds for science education and youth leadership at two schools in Malawi, Africa.

Nkhomboli Community Day Secondary School and the Mzuzu Academy are located in northern Malawi and have a commitment to community service and educational excellence.

This project is part of Rotary of Crawley's long term science communication project Malawi-Australia Youth Cultural Exchange (MAYCE).

We will keep you updated on this project.