Lawsuit Relating to Endako Expansion Project Dismissed

DENVER, Aug. 5, 2011 /CNW/ --
NYSE: TC


TSX: TCM, TCM.WT


TSX-V: TRX.WT

DENVER, Aug. 5, 2011 /CNW/ - Thompson Creek Metals Company Inc.
('Company' or 'Thompson Creek'), a growing, diversified North American
mining company, today announced that the Supreme Court of British
Columbia has dismissed in full the lawsuit filed in May 2010 by the
Stellat'en First Nation claiming that the British Columbia Ministry of
Energy, Mines and Petroleum Resources did not fulfill its duty to
consult with or accommodate Stellat'en's asserted aboriginal rights and
title interests in relation to Thompson Creek's Endako Mine expansion
project. Stellat'en's petition had named the Company, a 75% owner of
the Endako Mine, as one of the parties involved, although its claims
regarding the lack of consultation were against the B.C. government.

The Court found that the government acted honorably in its efforts to
consult Stellat'en on Thompson Creek's proposed expansion of the Endako
Mine.  The Court held that the government had correctly determined the
scope of its duty to consult Stellat'en and then engaged in
consultation that was adequate and reasonable in the circumstances.

In connection with its ruling, the Court reviewed the Company's
extensive efforts to consult and engage with the Stellat'en First
Nation and other First Nations in connection with the Endako expansion
project.

'We are extremely pleased with the court's decision and remain fully
committed to appropriate consultation and building positive
relationships with First Nations regarding the expansion project and
all of our Canadian operations and projects,' said Kevin Loughrey,
Chairman and Chief Executive Officer.

About Thompson Creek Metals Company Inc.

Thompson Creek Metals Company Inc. is a growing, diversified North
American mining company.   The Company produces molybdenum at its
100%-owned Thompson Creek Mine in Idaho and Langeloth Metallurgical
Facility in Pennsylvania and its 75%-owned Endako Mine in northern
British Columbia.  The Company is also in the process of constructing
the Mt. Milligan copper-gold mine in central British Columbia, which is
expected to commence production in 2013.  The Company's development
projects include the Berg copper-molybdenum-silver property and the
Davidson molybdenum property, both located in central British
Columbia.  Thompson Creek has approximately 972 employees.  Its
principal executive office is in Denver, Colorado and its Canadian
administrative office is in 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. 
Forward-looking statements include statements with respect to: future
financial or operating performance of Thompson Creek or its
subsidiaries and its projects; future inventory, production, cash
costs, capital expenditures and exploration expenditures; funding
sources for the Endako Mine expansion and Mt. Milligan development
costs; 2011 operating goals; and 2011 molybdenum prices.

Such forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by the
forward-looking statements.  Such factors include, among others, risks
related to general business, economic, competitive, political and
social uncertainties including global economic conditions; volatility
in molybdenum prices; labor cost and materials cost fluctuations;
foreign currency fluctuations; energy price fluctuations; project
delays; title disputes or claims; limitations of insurance coverage;
changes in governmental regulation of mining operations; risks related
to the volatility of Thompson Creek's share price; changes in
environmental regulation; the actual results of current exploration
activities; actual results of reclamation activities; conclusions of
economic evaluations; changes in project parameters as plans continue
to be refined; possible variations of ore grade or recovery rates; and
failure of plant, equipment or processes to operate as anticipated. 
Additional factors that could cause Thompson Creek's results to differ
from those described in the forward-looking information can be found in
the section entitled ''Risk Factors'' in Thompson Creek's Annual Report
on Form 10-K, in Section 1A of Thompson Creek's Quarterly Reports on
Form 10-Q and subsequent documents filed on EDGAR at www.sec.gov and on SEDAR at www.sedar.com.  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, except as required
by law.  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, the
reader is cautioned not to place undue reliance on forward-looking
statements.

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