China announces 20 measures to boost consumption 

[SMM Flash] Amigo Resources reported independent laboratory results from selected Tanzanian material showing combined PGM values of 6.94–7.07 ppm, alongside residual gold values of 3.27–3.47 ppm. The company said it is assessing the integration of proprietary PGM concentration technology into its processing flowsheets to target recovery from gravity tailings and other residual material. Amigo is also evaluating a pyrometallurgical copper-matte treatment route and has mobilised a small-scale furnace for further testwork.​ The programme could potentially establish PGMs as a recoverable by-product from Amigo's Tanzanian polymetallic material if subsequent metallurgical work demonstrates viable recoveries. However, the reported grades relate to selected test material and processing studies and do not constitute a compliant Mineral Resource, reserve or evidence of commercial-scale PGM production. Further metallurgical testing will therefore be important in determining whether the reported PGM content can translate into an economically recoverable product stream.

[SMM Flash] Pan Global Resources has reported additional drilling results from its 100%-owned Cármenes Project in northern Spain, identifying platinum and palladium within a broader gold-copper-nickel-cobalt mineralised system. Hole PVD15 intersected 15 m grading 3.90 g/t gold, 0.04% copper, 0.11% nickel and 0.12% cobalt from surface, including an 8 m interval grading 0.50 g/t platinum and 0.28 g/t palladium. Within this interval, one metre returned 1.39 g/t platinum and 0.74 g/t palladium, equivalent to 2.13 g/t Pt+Pd. The mineralisation extends beyond the historical Providencia mine workings and remains open along strike and at depth, according to the company. The results provide further evidence of PGM mineralisation within the Cármenes polymetallic system and could potentially add platinum and palladium credits to the project's mineral inventory. However, the reported intersections are exploration results and do not represent a Mineral Resource, reserve or future production estimate.

[SMM Flash] Platinum was heading for a weekly decline on September 11 after sharp volatility during the week, while palladium was also on course for a weekly loss. Umicore's indicative platinum price rose from US$1,848/oz on September 8 to US$1,922/oz on September 9, before falling to US$1,827/oz on September 10, reversing almost US$100/oz in one day. Reuters reported that precious metals faced pressure as stronger US producer-price data reinforced expectations for higher interest rates, while geopolitical tensions and oil prices above US$100/bbl added uncertainty to the inflation outlook. The reversal highlights continued short-term volatility in the PGM complex despite tight platinum above-ground inventories. Platinum prices remain sensitive to changes in the US dollar, interest-rate expectations and investment flows, alongside underlying PGM supply-demand fundamentals. The week's movements also underline the growing divergence between short-term macro-driven trading and the longer-term structural factors supporting platinum.