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Dec 3 (Reuters) - FTSE RUSSELL::INMARSAT WILL BE DELETED FROM FTSE 250 INDEX.BLACKROCK WORLD MINING TRUST WILL BE ADDED TO FTSE 250 INDEX AND REMOVED FROM FTSE SMALLCAP INDEX.ALL CHANGES EFFECTIVE FROM 06 DECEMBER 2019.
March 19 (Reuters) - Blackrock World Mining Trust PLC <BRWM.L>::REG-BLACKROCK WORLD MNG: DIRECTORATE CHANGE.BLACKROCK WORLD MINING TRUST PLC - IAN COCKERILL HAS STATED HIS INTENTION TO RETIRE AS CHAIRMAN OF COMPANY.BLACKROCK WORLD MINING TRUST PLC - IAN COCKERILL WILL NOT BE SEEKING RE-ELECTION AS A DIRECTOR AT FORTHCOMING ANNUAL GENERAL MEETING.
BlackRock World Mining Trust PLC:Board recommends the payment of a final dividend of 14.00p per share for the year ended Dec. 31, 2014 which, together with the interim dividend of 7.00p per share, makes a total dividend of 21.00p per share.The final dividend is payable on May 8 to shareholders on the Company's register on March 27.Ex dividend date is March 26.
BlackRock World Mining Trust plc:Declares an interim dividend of 7.00 pence per share.Payable on Sept. 19 to shareholders on the register on Aug. 29.
Blackrock World Mining Trust PLC:Recommends the payment of a final dividend of 14.00p per share for the year ended 31 Dec. 31, 2013 (2012: 14.00p), which together with the interim dividend of 7.00p per share (2012: 7.00p), makes a total dividend of 21.00p per share (2012: 21.00p).The dividend will be paid on May 15 to shareholders on the register of members on March 7.
Avanco Resources Ltd announced that it has reached a non-binding agreement on key commercial terms with regard to USD12 million of non-dilutive royalty based investment with BlackRock World Mining Trust PLC (BlackRock) (the Proposed Transaction). Execution of definitive Proposed Transaction documentation is expected before year end with key commercial terms likely to include: (i) BlackRock would provide USD12 million in return for net smelter return (NSR)3 royalty payments comprising 2% on copper, 25% on gold4 and 2% on all other metals that will be produced from Stage 1 and Pedra Branca (Pedra Branca or Stage 2) licensed areas. Other discoveries within Avanco’s current licence portfolio beyond those previously mentioned will carry a flat 2% NSR production royalty; (ii) The completion of the Proposed Transaction is conditional on completion of a number of Stage 1 activities, including publication of a JORC compliant reserve statement and receipt byAvanco Resources or its subsidiary of the Mining License for Stage 1; (iii) BlackRock’s investment amount would be paid in instalments pro-rata with disbursements of the senior debt once all necessary conditions have been met; (iv) In the event of a new project discovery outside of Stage 1 and Stage 2 being prioritised over Pedra Branca then upon BlackRock–Avanco mutual consent those terms set out in I above will apply to such new project.
Blackrock World Mining Trust PLC announced that it declare an interim dividend of GBP0.07 per share (2012: GBP0.07 per share) payable on September 26, 2013 to shareholders on the register on August 30, 2013 (ex dividend date August 28, 2013).
Blackrock World Mining Trust PLC announced that the Directors recommend the payment of a final dividend of 14.00p per share for the year ended December 31, 2012 (2011: 14.00p), which together with the interim dividend of 7.00p per share (2011: nil), makes a total dividend of 21.00p per share (2011: 14.00p) representing an increase of 50% on the previous year. The dividend will be paid on May 2, 2013 to shareholders on the register of members on March 8, 2013.
Blackrock World Mining Trust PLC announced that the Board has declared an interim dividend of GBP0.07 per share. This dividend will be paid on September 21, 2012 to shareholders on the register on August 24, 2012.
BlackRock World Mining Trust Plc. announced that it has entered into an agreement with London Mining Plc whereby the Company will acquire for a consideration of USD110 million, payable in cash on completion, a 2% revenue related royalty calculated from any iron ore sales over the life of the mine from London Mining's Marampa licence ML09/02 in Sierra Leone. The Royalty is payable quarterly in arrears calculated on the amount receivable at the relevant point of sale, currently calculated with reference to the net freight on board (FOB) price received from sales of iron ore in Sierra Leone. Completion of the transaction is expected by August 3, 2012
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