Mr. Jacques Perron reports

THOMPSON CREEK METALS COMPANY ANNOUNCES THIRD QUARTER 2014 OPERATING RESULTS

Thompson Creek Metals Company Inc. has released production results for the three and nine months ended Sept. 30, 2014, for its three operating mines: Mt. Milligan, Thompson Creek and Endako. Total concentrate production for Mt. Milligan for the quarter ended Sept. 30, 2014, was 31,200 dry tonnes, with 16.3 million pounds of payable copper and 60,400 ounces of payable gold. Total concentrate production for Mt. Milligan for the nine months ended Sept. 30, 2014, was 89,100 dry tonnes, with 46.5 million pounds of payable copper and 136,600 ounces of payable gold. Molybdenum production from Thompson Creek and Endako mines was 6.6 million pounds for the third quarter of 2014 and 21.9 million pounds for the nine months ended Sept. 30, 2014.

                         PRODUCTION AND SALES

                                           Q3 2014         YTD 2014
                                      Production Sales Production Sales
Copper and gold
Mt. Milligan mine
Payable copper (million lb)                 16.3  16.5       46.5  49.2
Payable gold (000s oz)                      60.4  57.9      136.6 133.8
Molybdenum (1)
Thompson Creek mine
Molybdenum (million lb)                      4.1   4.0       14.8  15.4
Endako mine (75% share)
Molybdenum (million lb)                      2.5   2.7        7.1   7.4
                                            ----  ----       ----  ----
Total molybdenum (million lb)                6.6   6.7       21.9  22.8

(1) Molybdenum production pounds reflected are molybdenum oxide and HPM 
from the company's mines.

Mt. Milligan mine

The company continued to advance the ramp-up of the Mt. Milligan mine with increases in both gold and copper production. For the third quarter, the company produced 60,400 ounces of payable gold, compared to 37,000 ounces of payable gold in the second quarter, an increase of 63 per cent, primarily due to higher gold grades and recoveries. Payable copper production for the third quarter was 16.3 million pounds, compared to 16.0 million pounds in the second quarter. As expected, daily mill throughput continued to fluctuate throughout the quarter and averaged 40,445 tonnes per day, compared to 38,543 tonnes per day in the previous quarter. In the third quarter, throughput was impacted by downtime to make various adjustments to the grinding and flotation circuits, as well as fixing some minor mechanical and electrical issues. During the third quarter of 2014, the company made three shipments of copper and gold concentrate under its sales agreements and received provisional payments for all three of such shipments. The timing of the gold and copper concentrate shipments and related provisional payments from Mt. Milligan are based on the structure of the company's sales agreements.

"We continue to experience improvements in the operation of the mill at Mt. Milligan," said Jacques Perron, chief executive officer of Thompson Creek. "The average throughput for the quarter was impacted by typical ramp-up issues and adjustments to the circuits that we believe will provide improved performance in the fourth quarter. We are confident that we will consistently achieve 80 per cent of mill throughput design capacity by year-end. We continue to evaluate the potential need for a secondary crusher at the Mt. Milligan mine and expect to announce a definitive plan by year-end," added Mr. Perron.

Molybdenum operations

In August, the company completed mining phase 7 ore at the Thompson Creek mine and expects to continue the processing of stockpiled ore into December of this year. At the Endako mine, operations continued to improve as a result of various mine and mill adjustments implemented in the first half of 2014.

We seek Safe Harbor.