• 08 Dec 25

Trust Issues: Investing in the mining sector with BRWM’s Olivia Markham

Trust Issues: Investing in the mining sector with BRWM’s Olivia Markham

Blackrock World Mining Trust PLC | BRWM | 790 10.0 0.1%

    • 34 views

 

In this episode of Trust Issues, we speak to Olivia Markham, manager of BlackRock World Mining (BRWM), about the investment case for the mining sector, including gold’s record-breaking run, demand for copper, M&A and the most compelling opportunities across the sector.

00:00 Introduction

00:35 Drivers of recent performance

02:00 Outlook for gold prices

03:13 Valuations of gold miners

04:20 Long-term drivers of copper demand

06:06 Slowing demand from China

07:10 Benefit of active exposure

08:27 Likely increase in capex

09:57 Outlook for dividends

11:08 Navigating tariffs

12:56 Impact of resource nationalism

13:52 M&A in the sector

15:18 Most compelling opportunities

17:17 Further information

17:36 Risk warning

Please note that this podcast was recorded on 10 October 2025.

Click below to listen to the podcast

Enjoying this article?

Get a £25 credit by sharing with your friends and colleagues via our Refer a Friend page. Each new subscriber gets a 10% discount and you get a free month off your bill every time.


Don't worry, if you're a Lite-Access/Free user we save all your credits for the day you decide to fully subscribe.


 

Monthly roundup: Why is SMT popular, can biotech M&A continue and who thinks it’s an AI bubble?

Companies: IBTBRWMPACSJGBRFIAIEORITSMTGROW

VSA Capital Tech & Transitional Energy 121225

Companies: MTECHLMAPCTCHGIKAJNEOLUCEIESNANOAURRORCL

BlackRock World Mining Trust: seeking to create the optimal synthetic mining company

Companies: Blackrock World Mining Trust PLC

Trust Issues: Investing in Asia with FAS’ Nitin Bajaj

Companies: Fidelity Asian Values PLC GBP

Trust Issues: Investing in commodities with BRWM manager Olivia Markham

Companies: Blackrock World Mining Trust PLC

Aberdeen Asia Focus: what's driving growth in Asian smaller companies - and what lies ahead?

Companies: Aberdeen Asia Focus PLC

© Research Tree 2025

  • Apple Store
  • Play Store

Research Tree will never share your details with third parties for marketing purposes. Research Tree distributes research documents that have been produced and approved by Financial Conduct Authority (FCA) Authorised & Regulated firms as well as relevant content from non-authorised sources, who are not regulated but the information is in the public domain. For the avoidance of doubt Research Tree is not giving advice, nor has Research Tree validated any of the information.

Research Tree is an Appointed Representative of Sturgeon Ventures which is Authorised and Regulated by the Financial Conduct Authority.

Top