THOMPSON CREEK METALS (TC $2.57, rated NEUTRAL; price target LOWERED from $8/share to $5/share) ESTIMATED OPERATING COSTS AT MOUNT MILLIGAN INCREASED; SCENARIO ANALYSIS EVALUATING OPERATING COSTS AT MOUNT MILLIGAN GIVEN $10/LB and $8/LB MOLY 8/30/2012

THOMPSON CREEK METALS (TC $2.57, rated NEUTRAL; price target LOWERED
from $8/share to $5/share) ESTIMATED OPERATING COSTS AT MOUNT
MILLIGAN INCREASED; SCENARIO ANALYSIS EVALUATING OPERATING
COSTS AT MOUNT MILLIGAN GIVEN $10/LB and $8/LB MOLY 8/30/2012