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Minco Silver Corporation

  November 14, 2005
Minco Silver Nearing Completion of IPO - Regulators Approve Prospectus

  Minco Mining & Metals Corporation (the "Company") (TSX: "MMM") is pleased to report that a final decision document dated November 8, 2005 was issued by the British Columbia, Alberta and Ontario Securities Commissions for a prospectus dated November 4, 2005 issued by the Company's subsidiary, Minco Silver Corporation. In addition to the proposed initial public offering of up to 800,000 common shares of Minco Silver Corporation, the prospectus also qualifies the conversion of previously issued special warrants of Minco Silver into 10,276,000 common shares of Minco Silver. Minco Silver expects to complete its initial public offering before the coming holiday season. It shares will thereafter commence trading on the TSX, subject to fulfillment of all listing requirements of the TSX.

About Minco Mining

Minco Mining & Metals Corporation is listed on the Toronto Stock Exchange (TSX:MMM). The Company has a portfolio of high quality mineral projects in China and continues to evaluate a number of gold, base metal, rare earth and specialty metals projects in China. For more information on Minco and our properties, please visit the website at www.mincomining.ca or contact Robert Tyson, Investor Relations Manager at 1-888-288-8288 or (604) 688-8002 info@mincomining.ca.


"William Meyer"

The Toronto Stock Exchange does not accept responsibility for the accuracy of this news release. Certain terms or statements made that are not historical facts, such as anticipated advancement of mineral properties or programs, productions, sales of assets, exploration plans or results, costs, prices, performance are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to; metals price volatility, volatility of metals production, project development risks and ability to raise financing. Refer to the Company's Form 20-F and Form 6-K reports for a more detailed discussion of factors that may impact future results. The Company undertakes no obligation and has no intention of updating forward-looking statements.

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Legal Information

Head Office

2060 - 1055 West Georgia Street
PO Box 11176
Vancouver, BC
Canada V6E 3R5
Tel: 604-688-8002
Fax: 604-688-8030
Toll Free: 1-888-288-8288

Minco Mining (China) Corporation

Suite 1706, Tower C, Global Trade Centre
36, East Beisanhuan Road
Dongcheng District, Beijing
Peoples Republic of China 100013
Tel: +86-10-59575377
Fax: +86-10-59575356