Thompson Creek Achieved 2015 Production Guidance

DENVER - Jacques Perron, President and Chief Executive Officer of Thompson Creek, said, "We achieved several operational and financial milestones during 2015. Operationally, we significantly improved our company-wide safety performance, achieved 2015 production and cash cost guidance, and successfully transformed our molybdenum business with the expectation of generating sufficient revenue to substantially cover care and maintenance costs and maintain the future option value of our molybdenum mines. Financially, we achieved average unit cash cost on a by-product basis of $0.55 per pound of copper produced and ended the year with approximately $177 million of cash. Looking ahead, our immediate 2016 objectives include continuing the optimization of Mount Milligan Mine to maximize the value of the asset and executing a strategic plan to address the Company's outstanding debt and strengthen the balance sheet.