Company summary
BlackRock World Mining Trust invests globally in mining and metals companies. It provides diversified exposure to producers of precious metals, base metals and other commodities rather than operating mines directly.
← Back to the 350
BRWM
BlackRock World Mining Trust
Investment Trusts
- Index
- FTSE 250
- ISIN
- Not specified
- Book status
- 2026 edition — current
Key activities
Investment in listed mining groups, royalty companies and selected unquoted mining opportunities across gold, copper, iron ore and other commodities, with active allocation between companies and metals.
Key markets
Global mining equities, with portfolio companies operating across the Americas, Australia, Africa, Europe and Asia. Commodity prices are set largely by international supply and demand.
Key drivers
Gold, copper and iron-ore prices, global economic activity, Chinese demand, mine supply, production costs, capital discipline, mergers and acquisitions and investor demand for commodity exposure.
Key risks
Commodity-price volatility, operational failures at mines, political and permitting risk, cost inflation, currency movements, environmental liabilities and concentration in cyclical resource companies.
Recent Developments
2026 has seen strong performance across several mining and precious-metals equities, supporting the trust's NAV and share price. The Board maintained a 5.50p first-quarter dividend as commodity markets remained an important source of investor interest.
Dividend notes
Pays quarterly. The 2025 final dividend of 7.50p went ex-dividend on 26 March 2026 and was paid on 29 May. The first 2026 quarterly interim of 5.50p went ex-dividend on 18 June and was paid on 17 July.
The complete 350 Trade Book — 350 leading UK-listed companies, presented in one consistent working reference.