BlackRock World Mining Trust discloses heavy exposure to Rio Tinto

The BlackRock World Mining Trust has published a portfolio update disclosing heavy exposure to the Anglo Australian mining group Rio Tinto.

The BlackRock World Mining Trust has published a portfolio update disclosing heavy exposure to the Anglo Australian mining group Rio Tinto.

The Trust, which reported that the portfolio had a net asset value (NAV) undiluted for one year of -15.1%, stood by its holding in the company saying that the mining sector had the potential to deliver strong returns over the medium term.

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