FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * BUCKOVIC WILLIAM ALAN   2. Issuer Name and Ticker or Trading Symbol GEOVIC MINING CORP. [TSX-GMC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Executive Vice President (Last) (First) (Middle) 2153 CASTLEWOOD CT 3. Date of Earliest Transaction (Month/Day/Year) 10/24/2011 (Street) GRAND JUNCTION, CO 81503 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 10/24/2011 10/24/2011 I   1,000,000 A $ 0.05 10,063,842 D   Common Stock 10/24/2011 10/24/2011 I   96,780 A $ 0.23 10,160,622 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Option to purchase common stock

$ 0.05

10/24/2011

10/24/2011

D

1,000,000

11/23/2001

11/23/2016

Common Stock

1,000,000

(1) (2)

1,858,280

D

Option to purchase common stock

$ 0.23

10/24/2011

10/24/2011

D

61,680

11/23/2001

11/22/2016

Common Stock

61,680

(1) (2)

1,796,600

D

Option to purchase common stock

$ 0.23

10/24/2011

10/24/2011

D

35,100

12/31/2001

12/31/2017

Common Stock

35,100

(1) (2)

1,761,500

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
BUCKOVIC WILLIAM ALAN 2153 CASTLEWOOD CT GRAND JUNCTION, CO 81503	X		Executive Vice President

Signatures

/s/ William A. Buckovic		10/28/2011
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Remaining options includes:429,200 NQ options at USD$0.05 expiring on 1/23/2016; 8,600 NQ options at USD$0.10 expiring on 12/31/2013; 26,540 NQ options at USD$0.15 expiring on 12/31/2013; 376,000 NQ options at USD$0.15 expiring on 12/31/2014; 100,000 NQ options at USD$0.38 expiring on 12/31/2014; 20,000 NQ options at USD$1.30 expiring on 12/31/2015; 136,000 NQ options at USD$1.30 expiring on 12/31/2015; 32,000 NQ options at USD$1.08 expiring on 8/15/2016;30,000 NQ options at USD$1.08 expiring on 8/15/2016; 27,678 NQ options at CDN$2.38 expiring on 10/26/2017; 105,000 NQ options at CDN$1.68 expiring on 01/02/2018; 16,000 NQ options at CDN$0.65 expiring on 02/02/2019; 20,771 NQ options at CDN$0.90 expiring on 02/10/2020; 122,322 ISO options at CDN$2.36 expiring on 10/26/2017; 45,000 ISO options at CDN$1.68 expiring on 1/2/2018; 24,000 ISO options at CDN$0.65 expiring on 2/3/2019; 79,229 ISO options at CDN$0.90 expiring on 1/10/2020; 100,000 ISO options at CDN$0.70 expiring on 1/20/2021.
(2)	Includes 63,160 NQ options owned by spouse.

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