Agnico Eagle buyout rumours for De Gray mining De Grey Mining recently addressed rumors of a buyout proposal from Agnico Eagle, a Canadian mining giant. These speculations surfaced after an article in The Australian claimed that Agnico Eagle had made an offer to acquire De Grey, which is developing the significant Hemi Gold Project in Western Australia. However, De Grey has firmly denied these claims, labeling them as false and speculative. The company emphasized that no formal offer had been made and that they generally do not comment on media speculation.
Despite these denials, the rumors have generated attention, with some interpreting the company’s response as carefully worded, leading to ongoing market discussions about the potential for future bids
Could it be a ploy for LME ??? .