Polymet Mining Corp. reported unaudited consolidated earnings results for the second quarter and six months ended July 31, 2009. For the quarter, the company's net loss was $1,035,000 compared to $1,666,000 a year ago. Comprehensive loss was $984,000 or $0.01 per basic and fully diluted share, compared to comprehensive loss of $1,666,000 or $0.01 per basic and fully diluted share, a year ago. Cash flows used in operating activities was $724,000 compared to cash flows from operating activities of $744,000 a year ago. Purchase of mineral property, plant and equipment was $3,798,000 compared to $6,362,000 a year ago. For the six months, the company's net loss was $2,017,000 compared to $2,743,000 a year ago. Comprehensive loss was $1,958,000 or $0.01 per basic and fully diluted share, compared to comprehensive loss of $2,743,000 or $0.02 per basic and fully diluted share, a year ago. Cash flows used in operating activities was $611,000 compared to $697,000 a year ago. Purchase of mineral property, plant and equipment was $8,153,000 compared to $12,491,000 a year ago.

Polymet Mining Corp. at its Annual and Special Meeting of Shareholders held on June 24, 2009 announced that William D. Corneliuson, Dr. David Dreisinger, Ian L. Forrest, George Molyviatis, William Murray, Stephen Rowland, Joseph Scipioni, Frank Sims, James Swearingen elected as directors of the company for the ensuing year.

Polymet Mining Corp. reported unaudited consolidated earnings results for the first quarter ended April 30, 2009. For the quarter, the company reported loss of $982,000 or $0.01 per share compared to loss of $1,077,000 or $0.01 per share for the same period of last year. The company reported net cash provided by operating activities of $64,000 and purchase of mineral property, plant and equipment of $4,306,000 compared to net cash used in operating activities of $1,441,000 and purchase of mineral property, plant and equipment of $6,129,000 for the same period of last year.