Thompson Creek announces Pamela L. Saxton has assumed the duties of Chief Financial Officer

Thompson Creek Metals Company Inc., one of the world’s largest publicly traded, pure molybdenum producers, today announced that Pamela L. Saxton has assumed all the duties and responsibilities of the Chief Financial Officer and Vice President, Finance, effective October 16, 2008. Her appointment to this role was previously announced in a July 29, 2008 news release in conjunction with the move of the Company’s finance department from Vancouver, British Columbia to the Company’s principal executive office in Denver, Colorado.

“The move of the finance department from Vancouver to Denver is progressing well. By the end of October, most of the new finance employees will be on board in Denver and working with the outgoing team in Vancouver,” said Kevin Loughrey, Chairman and Chief Executive Officer.

“The Vancouver finance employees, who have chosen not to relocate to Denver, have been commendable in welcoming their new counterparts and acquainting them with their respective functions while continuing their regular responsibilities. I especially wish to thank Derek Price, former Vice President, Finance and CFO, for his contributions and support over the past two years and during this transition. He will continue to assist us as needed through the remainder of the year. All of us at Thompson Creek certainly wish him and the rest of the Vancouver team the best in their future pursuits.”

Thompson Creek Metals Company Inc. is one of the largest publicly traded, pure molybdenum producers in the world. The Company owns the Thompson Creek open-pit molybdenum mine and mill in Idaho, a metallurgical roasting facility in Langeloth, Pennsylvania and a 75% share of the Endako open-pit mine, mill and roasting facility in northern British Columbia. Thompson Creek is also developing two high-grade underground molybdenum deposits, the Davidson Deposit near Smithers, B.C., and the Mount Emmons Deposit near Crested Butte, Colorado. The Company has approximately 800 employees. Its principal executive office is in Denver, Colorado, and it has other executive offices in Toronto, Ontario and Vancouver, British Columbia. More information is available at www.thompsoncreekmetals.com.