ENTREPRENEUR OF THE YEAR: Taseko’s Russ Hallbauer takes prize

VANCOUVER — Russell Hallbauer, president and CEO of Taseko Mines has been named Entrepreneur of the Year in the mining and metals category by Pacific Ernst & Young.

Hallbauer, a mining engineer with 30 years of experience in British Columbia, took over the reins at Taseko in 2005. His vision is credited for the modernization and expansion of the nearly 40-year-old Gibraltar copper mine. In a few short years, he has advanced his plans to create a prominent mid-tier Canadian mining company through the continued expansion of Gibraltar and construction of the Prosperity gold-copper project.

Ernst & Young's Entrepreneur of the Year is considered one of the world's most prestigious business awards for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. It celebrates those who are building and leading successful, growing and dynamic businesses.

For a list of all the winners, go to www.ey.com/ca and look for the news release dated October 9, 2009.

Or go to www.TasekoMines.com for updates on the Gibraltar expansion.