Interim Management Statement

BLACKROCK WORLD MINING TRUST PLC

Interim Management Statement - 3 months to 31 March 2012

To the members of BlackRock World Mining Trust plc.

This interim management statement has been produced solely to provide
additional information to shareholders as a body to meet the relevant
requirements of the UK Listing Authority's Disclosure and Transparency Rules.
It should not be relied on by any other party for any other reason.

This interim management statement relates to the period from 1 January 2012 to
31 March 2012, and contains information that covers this period, and up to the
date of publication of this interim management statement.

The Company's objective is to maximise total returns to shareholders through a
world-wide portfolio of mining and metal securities. Up to 10% of the assets
may be invested in physical metals. The Company is managed by Evy Hambro of
BlackRock Investment Management (UK) Limited.

Stock Performance

Cumulative Performance:
                                   One      Three        One       Five
                                 Month     Months       Year      Years
Net Asset Value (undiluted)      -7.6%       4.3%     -16.4%      41.4%
Share Price                      -7.9%       8.6%     -13.1%      41.8%
HSBC Global Mining Index        -10.2%       0.8%     -24.2%      46.6%

All performance figures are in sterling terms on a total return basis.


Ten Largest Holdings at 31 March 2012

Company                                 % Total Assets                         
Rio Tinto                               9.3                                    
BHP Billiton                            8.1                                    
Vale                                    7.6                                    
Glencore Finance (Europe) 5% 31/12/14   5.8                                    
Iluka Resources                         4.6                                    
Minas Buenaventura                      4.3                                    
First Quantum Minerals                  4.0                                    
Industrias Penoles                      3.8                                    
Teck Resources                          3.7                                    
Fresnillo                               3.7                                    


Financial position and performance as at 31 March 2012

Gross Assets (£m)                       £1,391.60
Short term borrowings (£m)                 £42.56
                                                 
Undiluted Net Asset Values:                      
Net asset value-Cum Income                760.96p
Net asset value-Capital Only              754.93p
                                                 
Share Price                               672.50p
                                                 
Ordinary Shares in Issue*             177,287,242
                                                 
Gearing                                      3.2%
                                                 
Discount to NAV**                           11.6%
                                                 
*excluding treasury shares
**including income


Material Events & Transactions
The Board is not aware of any material events or transactions, except as
disclosed herein, occurring between 31 March 2012 and the date of publication
of this interim management statement which would have a material impact on the
financial position of the Company.

Annual Report
The Company announced its annual results for the year ended 31 December 2011 on
23 February 2012.

Final Dividend
A final dividend in respect of the year ended 31 December 2011 of 14.00p per
ordinary share was recommended by the Directors. Shareholders approved the
resolution in respect of the dividend at the Annual General Meeting held on
Thursday, 19 April 2012, and the dividend was paid on 26 April 2012 to
shareholders on the register on 9 March 2012 (ex dividend dated 7 March 2012).

Contact details:
Caroline Driscoll
Secretary
Tel: [phone]

3 May 2012


ENDS

Please note more detailed performance information is available on the
Investment Manager's website: www.brwmplc.co.uk. Neither the contents of the
Manager's website nor the contents of any website accessible from hyperlinks on
the Manager's website (or any other website) is incorporated into, or forms
part of, this announcement.