LONDON, Aug 6 (Reuters) - Glencore has no plans to spin off
its gold business but remains open to selling gold-producing
Kazzinc, like any other asset, at the right price, the chief
executive said.
Gold prices are trading at record highs of above
$2,050 an ounce, spurring on merger and acquisitions in the
industry. Glencore produces about 1 million ounces of gold as
byproducts from its mines, mostly from its Kazzinc mine in
Kazakhstan.
(Reporting by Julia Payne and Zandi Shabalala; Editing by
Edmund Blair)
Glencore (GLEN)
