BLACKROCK WORLD MINING TRUST PLC (BRWM)

BLACKROCK WORLD MINING TRUST PLC (BRWM)

Blog posts

A Tale of Two Trusts – SLS and BRWM

Yesterday Blackrock World Mining (BRWM) announced they were writing off their investment in London Mining. This was one of their largest holdings and cut the trust's net asset value by almost 8%. The share price promptly fell by 8% on the day and fell further today. Who are London Mining you may ask? This is a small iron ore mining company based in Sierra Leone which has been badly affected by the slump in iron ore prices and the Ebola crisis ...
Post Date: October 10, 2014 Read more

AGM Reports

Blackrock World Mining (BRWM) AGM Report 2012 – A Resolution unexpectedly voted down

The Annual General Meeting of Blackrock World Mining Trust took place at Blackrock’s offices in the City of London yesterday. This company is an investment trust which invests in mining and metal companies primarily, with potentially some minor direct holding in physical metals. It’s performance over the years has been similar to its benchmark although it did slightly better last year (in the sense that the NAV fell less than the index when this sector suffered from a general malaise). However, the ...
Post Date: April 20, 2012 AGM Date: April 19, 2012 Author: Roger Lawson Read more