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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Blackrock World Mining Trust Plc | LSE:BRWM | London | Ordinary Share | GB0005774855 | ORD 5P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.50 | 0.10% | 496.50 | 127,107 | 09:45:09 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 496.50 | 499.00 | 496.50 | 491.00 | 496.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Unit Inv Tr, Closed-end Mgmt | -55.78M | -78.99M | -0.4135 | -12.00 | 947.45M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 09:46:54 | O | 19 | 498.975 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 30/1/2025 | 11:55 | UKREG | BlackRock World Mining Trust Plc - Net Asset Value(s) |
| 29/1/2025 | 11:48 | UKREG | BlackRock World Mining Trust Plc - Net Asset Value(s) |
| 28/1/2025 | 12:07 | UKREG | BlackRock World Mining Trust Plc - Net Asset Value(s) |
| 27/1/2025 | 11:41 | UKREG | BlackRock World Mining Trust Plc - Net Asset Value(s) |
| 24/1/2025 | 11:52 | UKREG | BlackRock World Mining Trust Plc - Net Asset Value(s) |
| 23/1/2025 | 17:49 | UKREG | BlackRock World Mining Trust Plc - Portfolio Update |
| 23/1/2025 | 11:57 | UKREG | BlackRock World Mining Trust Plc - Net Asset Value(s) |
| 22/1/2025 | 11:48 | UKREG | BlackRock World Mining Trust Plc - Net Asset Value(s) |
| 22/1/2025 | 10:45 | ALNC |  London-listed Blackrock funds sign deals with agitator Saba Capital |
| 22/1/2025 | 07:00 | UKREG | BlackRock World Mining Trust Plc - Agreement with Saba |
Blackrock World Mining (BRWM) Share Charts1 Year Blackrock World Mining Chart |
|
1 Month Blackrock World Mining Chart |
Intraday Blackrock World Mining Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 06/1/2025 | 10:45 | Blackrock World Mining Trust | 2,631 |
| 28/2/2010 | 10:25 | Two Great Resources Investment Trusts. | 16 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 09:46:55 | 498.98 | 19 | 94.81 | O |
| 09:45:10 | 496.50 | 50 | 248.25 | O |
| 09:43:44 | 497.47 | 752 | 3,740.94 | O |
| 09:42:37 | 496.51 | 215 | 1,067.49 | O |
| 09:31:53 | 496.50 | 211 | 1,047.62 | AT |
| Top Posts |
|---|
Posted at 31/1/2025 08:20 by Blackrock World Mining Daily Update Blackrock World Mining Trust Plc is listed in the Unit Inv Tr, Closed-end Mgmt sector of the London Stock Exchange with ticker BRWM. The last closing price for Blackrock World Mining was 496p.Blackrock World Mining currently has 191,018,036 shares in issue. The market capitalisation of Blackrock World Mining is £947,449,459. Blackrock World Mining has a price to earnings ratio (PE ratio) of -12.00. This morning BRWM shares opened at 496p |
Posted at 06/1/2025 10:45 by lageraemia Obviously the big gold miners are going to have a massive Quarter at next earnings.The average gold proce has been $150 per ounce higher than in Q3. It will be interesting to see what if any shift the managers have made in their allocations. Agnico Eagle has by far the best margins of the top 3 Gold miners, but Barrick is only one in the top ten BRWM holings in the banner above. Barrick and especially Newmont have been very lax with costs to the point their AISC has climbed as much as the price of gold. Ever higher gold prices and even lower diesel prices in the 4th quarter are a gifthorse they will do a full dental check on though probably. |
Posted at 19/12/2024 08:54 by masurenguy At the current price the yield is 7% and the discount to NAV is 9%. Shareprice is also at a 3 year low. |
Posted at 16/12/2024 12:05 by uhound Maybe, know one really knows!I just add regularly while I think the price is good value rather than all in at once. |
Posted at 16/11/2024 12:34 by giltedge1 USD strength will help income returns, BRWM safer bet than individual mining shares. Income may reduce next few years, but then rise again. BRWM backed, by gold, copper etc. End of day better to have investments backed by gold, copper than deflating GBP in bank account with bloated govt debt on the trillions & rising eroding GBP. |
Posted at 09/9/2024 09:27 by uhound Would still be happy with 5% divi plus future share price growth.No one knows if this is the bottom, so I just add a few every now and then. |
Posted at 06/9/2024 11:30 by mister md I have BRWM very high up on my 'top-up' list - I'm pretty sure a few years from now the shareprice will be a lot higher. Safer than buying individual miners, although do have RIO in my portfolio for the long term. |
Posted at 06/9/2024 08:34 by lageraemia The 'short the share then cover by buying shares in placings' trick works well for the small and mid-cap miners, and the big companies are liquid enough to short on sentiment with less fear of a short squeeze.Either commodities boom in the near future, and the mining shares follow, or the opposite.....if commodity prices fall on weaker global economics, then investment in new capcity (and the need to raise capital) will fall...ensuring shortages in the future. In the meantime the secotr now has low debt and focus on cash flow and not mining at a loss in a lower inflation environment. The cure for low prices is low prices. What cannot last for ever will not last for ever etc. I'm drip feeding my wife's SIPP into BRWM monthly, so right now its allowing a lower accumulation price. |
Posted at 27/8/2024 18:37 by xtrmntr BlackRock World Mining revenues plunge amid dividend droughtThe 6.3%-yielder's revenues fall 28.6% as mining company dividend cuts filter through, but managers Evy Hambro and Olivia Markham say tone toward sector is generally positive.BYJAMIE COLVINBlackRock World Mining Trust (BRWM) has been knocked by dividend cuts and warned of further market volatility amid a weak outlook for China and rising geopolitical tensions.Newly appointed chair Chip Goodyear, a former BHP chief executive, warned investors in the £1bn trust that China, the largest global consumer of commodities, had fuelled concerns over the growth outlook given its ailing economy, which has hampered demand for metals.The 6.3%-yielder's half-year results show that over the six months to the end of June, revenues plunged 28.6% to 11.95p per share year-on-year as many mining companies slashed their dividends in the wake of softening commodity prices last year, a weaker dollar and higher costs.BlackRock managers Evy Hambro and Olivia Markham said the first half had been 'frustrating'. A generally positive tone toward the sector saw gold and copper prices hit all-time highs and buoyed merger and acquisition (M&A) activity, but this was not reflected in performance, with net asset value (NAV) softening by 1.9%.The composite reference index, made up of the MSCI ACWI Metals and Mining 30% Buffer 10/40 index, returned 0.6%, while the FTSE 100 jumped 7.9% and the consumer prices index gained 2%.Shareholder returns totalled 1.1%, which included the fully covered 5.5p dividend, as the discount narrowed from 3.3% to 0.6%. Goodyear noted the board would consider share buybacks, having not bought back any stock since the shares fell below par last year.He added that there were reasons for hope in the commodities sector, with miners playing a key role in the delivery of materials required for infrastructure investment, while AI depends on minerals and metals.'Despite the pick-up in M&A activity, we are pleased to see mining companies continue to show strong capital discipline, which should ensure there is an appropriate split of available cashflow between shareholder distributions and growth,' Goodyear said.Gold and copper shineThe copper price reached an all-time high in May, finishing the half up 11.7%, driven by investments into the grid, electric vehicles, wind and solar power, and traditional Chinese demand drivers switching from being property-linked to low-carbon infrastructure and manufacturing. Among base metals, aluminium rose 6.1%, nickel gained 4.1% and zinc added 9%.Gold jumped 12.6% to a then-all-time high of $2,427 (£1,834) per ounce, driven by geopolitical tensions and central bank purchasing, particularly from China. Retail investors appeared more cautious, with gold exchange-traded fund holdings declining over the period, which Hambro and Markham said was perplexing given its role as a safe haven asset.Silver climbed 20.7% as the market recognised its relative price attractiveness versus gold along with its industrial demand in the solar sector, the managers said.On the other hand, the prices of iron ore, lithium and thermal coal fell on weaker demand and, in the case of lithium, supply threats that undermined long-term price assumptions.Hambro and Markham increased exposure to precious metals companies to reflect their positive outlook on gold and the expected improvement in earnings from gold companies. Gold makes up 23% of assets, according to the July factsheet. Copper is another key exposure, at 24% of the portfolio.'Prices for both commodities have been strong, and key for performance will be how these translate into earnings for the companies,' they said. 'Too often higher prices end up being lost to the pressures of poor operating performance, inflation, taxation or consumed in reinvestment by the companies. It is our expectation that the management teams have the processes and skills to mitigate these negative impacts.'Diversified mining company Glencore (GLEN) is the largest holding, at 7.7% of assets, followed by Australian miner BHP, whose hostile offer for Anglo American (AAL), another holding, was rejected during the period, and Rio Tinto (RIO).Shares in the trust rose 1.3% to 538.89p per share on Tuesday morning, putting them on a 6% discount to the June NAV of 572.21p. |
Posted at 19/8/2024 11:56 by masurenguy Copper's Long-Term Prospects Look FavourableOne of the reasons for recent market volatility was the rising odds of a recession in the US. Copper is often regarded as a leading indicator for the global economy because it is used in so many industries. Interestingly, the copper price peaked in May and has fallen as much as 22% since then. In the short term, it appears that copper supply is overwhelming demand. That may be a warning sign for the global economy but the longer-term picture is different with a potential supply deficit on the horizon. If that’s the case the current weakness may be offering investors an opportunity. Simply Wall St. |
Posted at 02/8/2024 10:23 by wad collector That figure was in the HL specification , though on the company website there is a different figure; must confess I am confused by this too; are they saying the 0.8% management fee is in addition to the performance fee?"Annual expenses as at Date: 31/12/23 Ongoing charges (including any performance fee): 0.91% Management Fee Summary: BlackRock receives an annual management fee of 0.8% of the Company's net assets. However, in the event that the NAV per share increases on a quarter-on-quarter basis, the fee will be paid on gross assets for the quarter." Given that metals are a vital part of transition to sustainable energy , the position of mining for metals is ambiguous , conspicuously at the latest World climate summit there was almost no mention of mining.The term clearly covers a vast range from necessary copper to largely unnecessary gold and gemstones. I added at 538, seems a reasonable entry point. |
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