Thompson Creek reports slide at Endako Mine affects operations

    Shares outstanding: 113,297,000

    Frankfurt: A6R

    TORONTO, Nov. 13 /CNW/ - Thompson Creek Metals Company Inc., one of the
world's largest publicly traded, pure molybdenum producers, today announced
that a slide has interrupted some operations at its open-pit Endako Mine in
northern British Columbia.
    Management is currently evaluating the situation and will release details
of the slide's impact as it becomes more certain in the weeks ahead. Slides
have occurred at Endako in the past and at those times mine personnel have
successfully performed remedial work that has allowed the mine to continue to
function without long-term interruption.
    The slide occurred late in the evening of November 12 at the east end of
the south wall of the Endako Pit, partially burying a shovel that was mining
ore at the affected site. The operator sustained only a minor injury and
operations in the Endako Pit were shut down in order for the situation to be
    The mill at Endako will continue to operate, using ore currently being
mined from the mine's Denak West Pit, which was not affected by the slide, and
from the mine's stockpile of ore. However, the production rate, grade and
recoveries at the mill may be affected.
    The ore grade at the mill averaged 0.06% Mo in the first 10 months of
2007. The Denak West Pit average grade is 0.065% Mo. The stockpile totals
20 million tonnes of ore (equivalent to two years production at Endako) with
an average estimated grade of 0.039% Mo.

    About Thompson Creek Metals Company Inc.

    Thompson Creek Metals Company Inc. (formerly Blue Pearl Mining Ltd.) 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 75% share of the Endako open-pit mine, mill and roasting facility in
northern British Columbia, and a metallurgical roasting facility in Langeloth,
Pennsylvania. Thompson Creek is also developing the Davidson high-grade
underground molybdenum project near Smithers, B.C. The Company has more than
700 employees. Its head office is in Toronto, Ontario. It also has executive
offices in Denver, Colorado (including sales and marketing) and Vancouver,
British Columbia. More information is available at

    Cautionary Note Regarding Forward-Looking Statements
    This news release contains "forward-looking information" 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 annual information
form for the year ended December 31, 2006 which is available on SEDAR at 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
disclaims any obligation to update any forward-looking statements, whether as
a result of new information, future events or results or otherwise. 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. Thompson Creek undertakes no obligation to
update forward-looking statements if circumstances or management's estimates
or opinions should change. Accordingly, the reader is cautioned not to place
undue reliance on forward-looking statements.

For further information:

For further information: Ian McDonald, Executive Chairman, Thompson
Creek Metals Company Inc., Tel: (416) 860-1438,; Wayne
Cheveldayoff, Director of Investor Relations, Thompson Creek Metals Company
Inc., Tel: (416) 860-1438, Toll free: 1-800-827-0992,;
Tina Cameron, Renmark Financial Communications Inc., Tel.: (514) 939-3989,

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