TORONTO (miningweekly.com) – Shareholders in Vancouver-based Teck Cominco have approved a resolution to change the company's name to Teck Resources, the firm announced on Thursday.

The name change takes effect immediately, and the firm's shares will continue to trade on the TSX under the symbols TCK.A and TCK.B and on the New York Stock Exchange under the symbol TCK.

Teck, which produces base metals, coal and gold, announced in October that it planned to change its name and at the same time realign its structure into five strategic business units - copper, metallurgical coal, zinc, gold and energy.

Earlier this week, the firm announced that it had renegotiated the terms of loans entered into last year to buy the assets of Fording Canadian Coal Trust.

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