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Small caps fall as Critical Resources, Carnavale, and D3 Energy advance gold and helium projects.

Market News
27 Sep 2026
Proactive Investors
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Neutral
Small caps fall as Critical Resources, Carnavale, and D3 Energy advance gold and helium projects.

Australian small caps declined with the S&P/ASX Small Ordinaries Index dropping 1.36% on Friday. Despite the broader market weakness, Critical Resources secured a 90% interest in the Greenstars Gold Project in Suriname, expanding its gold portfolio. D3 Energy gained five new helium exploration permits in South Africa, enhancing its resource potential. Carnavale Resources launched a 7,000-metre drilling program at its Kookynie Gold Project in Western Australia, progressing towards a Bankable Feasibility Study with key permits filed for near-term mining development.

The small cap developments in Critical Resources, Carnavale, and D3 Energy provide context for the Basic Materials sector on Pluang. For readers following Basic Materials, here is Pluang's market snapshot as of Sep 28, 2026 07:31 WIB: out of 38 priced US stocks, 14 rose and 24 fell. CF Industries Holdings declined 4.28% to USD 115.50 with a typical hold time of 46 days, Nutrien Ltd fell 3.86% to USD 72.23 with a 58-day hold, and ArcelorMittal SA dropped 3.66% to USD 69.29 with a 35-day hold time.

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