Thompson Creek Announces Appointment of Chief Financial Officer

Toronto, ON - July 29, 2008 - Thompson Creek Metals Company Inc. (TSX: TCM / NYSE : TC) (�the Company�), one of the world�s largest publicly traded, pure molybdenum producers, today announced that Pamela L. Saxton will join the organization as Consulting Financial Executive effective August 4, 2008 and will become Chief Financial Officer and Vice President, Finance later this year in conjunction with the move of the Company�s 10-person finance department from Vancouver, British Columbia to the Company�s principal executive office in Denver, Colorado.

The current finance employees, including Derek Price, the Company�s Vice President, Finance and Chief Financial Officer, have chosen not to relocate to Denver and have agreed to remain with the Company and work closely with Ms. Saxton through the transition.

Kevin Loughrey, Chairman and Chief Executive Officer, stated: �The Company�s existing finance function was built by Derek Price when Thompson Creek and Blue Pearl Mining Ltd. merged in October 2006. Derek Price and his entire finance team have done exceptional work for Thompson Creek during our formative stage as a public company.  I would like to express my appreciation to each of them for their dedicated efforts and for their assistance in this transition period.

�We are very pleased to welcome Ms. Saxton to our management team and look forward to working with her. She brings to Thompson Creek significant financial management experience and an effective style of management that should ensure strong financial reporting throughout our operations,� Mr. Loughrey said.

Ms. Saxton joins Thompson Creek with over 30 years of domestic and international finance and accounting experience within and outside the mining industry. She was previously Vice President, Finance � U.S. Operations for Franco-Nevada U.S. Corporation, located in Highlands Ranch, Colorado.

Prior to joining Franco-Nevada in 2007, Ms. Saxton was the Vice President and Chief Financial Officer of Colorado-based NewWest Gold Corporation. From 2004 to 2006, she was with First Data Corporation as Vice President and Controller � Payments Division in Englewood, Colorado. Ms. Saxton also served as Vice President Finance, Corporate Controller and Chief Accounting Officer of J.D. Edwards & Company in Denver from 1994 to 2003. Prior to that, she was Vice President and Controller of Amax Gold, Inc. and Assistant Controller of Cyprus Amax Minerals Company from 1987 to 1994.

Ms. Saxton holds a Bachelor of Science in Accounting from the University of Colorado in Boulder. She is a member and past Chair of the Board for the Colorado Association of Commerce and Industry and a member of the Board of Advisors to the Business School at the University of Colorado at Denver.

About Thompson Creek Metals Company Inc.

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 the Davidson Deposit, a high-grade underground molybdenum project near Smithers, B.C. 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.

Cautionary Note Regarding Forward-Looking Statements

This news release contains �forward-looking information� within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation which may include, but is not limited to, statements with respect to the timing and amount of estimated future production.  Often, but not always, forward-looking statements can be identified by the use of words such as �plans�, �expects�, �is expected�, �budget�, �scheduled�, �estimates�, �forecasts�, �intends�, �anticipates�, or �believes� or variations (including negative variations) of such words and phrases, or state that certain actions, events or results �may�, �could�, �would�, �might� or �will� be taken, occur or be achieved.  Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Thompson Creek and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.  Such factors include those factors discussed in the section entitled �Risk Factors� in Thompson Creek�s current annual information form which is available on SEDAR at www.sedar.com and is incorporated in its Annual Report on Form 40-F filed with the United States Securities and Exchange Commission which is available at www.sec.gov. Although Thompson Creek has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.  Forward-looking statements contained herein are made as of the date of this news release and Thompson Creek does not undertake to update any such forward-looking statements, except in accordance with applicable securities laws.  There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Accordingly, readers are cautioned not to place undue reliance on forward-looking statements.

Readers should refer to Thompson Creek�s current annual information form which is available on SEDAR at www.sedar.com and is incorporated in its Annual Report on Form 40-F filed with the SEC which is available at www.sec.gov and subsequent continuous disclosure documents available at www.sedar.com and www.sec.gov for further information on mineral reserves and mineral resources, which is subject to the qualifications and notes set forth therein.

For more information, please contact:

Wayne Cheveldayoff,
Director of Investor Relations
Thompson Creek Metals Company Inc.
Tel: 416-860-1438
Toll free: 1-800-827-0992
wcheveldayoff@tcrk.com 

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