It shows you've put more effort into this one. I am not a fan of the actual mini, but it is better than those you posted last time. The design is too much cheesy fantasy novel book cover for my liking. The paintjob certainly emphasises that, but on the other hand suits the mini for just the same reason. It is well done, though, and that's the important thing.
The face is very good and the upper parts of the hair. I do think you could shade the lower parts of the hair more to give it more shape. Overall I think you can take the shading further. I like the peachy pink colour of the coat, but, as mentioned, I think it needs deeper shadows. With different surrounding colours I think you could use this pink and still avoid the "cheesy" look. :wink:
The blue steel doesn't really work for me. It is much too blue and lack shading. Thus, it doesn't look like metal. It seems you've used the blue for shadows, but the shadows should be quite unsaturated (and darker), not the most saturated parts of the steel. The blue should be more of a midtone, inbetween the dark shadows and the bright highlights.
As a side note, why is she standing on a tiny patch of sand in the middle of water?