The S&P/ASX Small Ordinaries index fell 0.53% over five days, ending its winning streak amid broader market weakness. Despite this, several small-cap mining companies shared positive project updates. Lindian Resources advanced ore stockpiling and plant construction at its Kangankunde Rare Earths Project, targeting production by end-2026. Aruma Resources expanded its Tillex Copper-Silver Project area in Ontario, with ongoing drilling confirming resource growth. Lightning Minerals progressed soil sampling at its Warby Tungsten Project to define drill targets, while AuMEGA Metals completed initial drilling in Newfoundland and shifted focus to new targets. These developments may help these companies weather the broader market downturn.
The Small Ordinaries index and related small-cap mining companies provide context for this snapshot. As of Sep 24, 2026 07:22 WIB, 6 of 38 priced Basic Materials-sector US stocks on Pluang rose while 31 fell. Notable movers include PPG Industries at USD 104.02 with a -3.48% change, Newmont Corporation at USD 122.93 with a -3.40% change, and Lithium Americas Corp at USD 2.90 with a -3.17% change.
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