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Taseko Mines Announces Changes to Executive Team and Voting Results from Annual General Meeting

Press Release

Vancouver, BC – Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) (“Taseko” or the “Company”) today announced the voting results from its 2021 Annual General Meeting held yesterday. Additionally, the Company announces the retirement of Russell Hallbauer, Chief Executive Officer, and John McManus, Chief Operating Officer, effective June 30, 2021.Russ will remain a Director of the Company, and Stuart McDonald, currently President, will also assume the role of Chief Executive Officer.Richard Tremblay will be promoted to Senior Vice President, Operations and Richard Weymark has been appointed Vice President, Engineering.

Ron Thiessen, Chairman of the Board, commented, “On behalf of the Board and all stakeholders, I would like to thank Russ and John for their 16 years of achievements at Taseko, and congratulate them on their retirements after long and distinguished careers in the mining industry. Russ’ leadership and vision during his tenure as CEO has resulted in a company that achieved significant production growth and established an unparalleled pipeline of mining projects. His experience and dedication helped the Company navigate through some of the most challenging periods ever experienced in financial markets, and also generate over $900 million of operating cash flow.John’s operating background was foundational as Gibraltar went through a multi-year, $800 million expansion and ramp up.John has also been instrumental in advancing the Florence Copper project since its acquisition in 2014.”

Russell Hallbauer, CEO and Director, commented, “We have had a succession plan in place for our internal technical team for a number of years.Richard Tremblay, Senior VP Operations, has over 30 years of experience in mining operations in BC and has been a key member of the team since joining Taseko in 2014 as General Manager of our Gibraltar Mine.In 2019 he was appointed Vice President, Operations and since then he has been responsible for oversight of the Gibraltar Mine, and all activities related to development of Florence Copper and our other projects.”

“Richard Weymark, Vice President Engineering, joined Taseko in 2018 as Chief Engineer and previously spent 10 years in progressively senior roles at Teck’s Highland Valley Copper operation including roles in mine engineering, mine operations and tailings dam construction.Richard will continue to focus on the advancement of the engineering and environmental aspects of Taseko’s pipeline of development projects.”

AGM voting results

A total of 141,179,859 common shares were voted at the Annual General Meeting, representing 49.9% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows:

Director % Votes in Favour
Anu Dhir 93.7%
Robert Dickinson 87.1%
Russell Hallbauer 97.9%
Peter Mitchell 98.3%
Kenneth Pickering 97.8%
Ron Thiessen 93.4%

Detailed voting results for the 2021 Annual General Meeting are available on SEDAR at

For further information on Taseko, please visit the Taseko website at or contact:

Brian Bergot, Vice President, Investor Relations – 778-373-4533 or toll free 1-877-441-4533

Stuart McDonald


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