FTSE ahead as miners discover gains

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The London markets are slightly ahead this morning after Wall Street crept higher overnight, with the FTSE 100 currently 2.7 points up, or 0.04%, to 6379.5.

Miners are ahead after positive comments from Kazakhmys yesterday, with Vedanta Resources and Lonmin up 4.24% to 1868 and 2.58% to 3298 respectively. Resolution climbed as Pearl Group announced they have the green light to boost its stake in the insurer to 20%, should it wish to. So far this morning Resolution is up 15.5 points, or 2.45%, to 649. Alliance & Leicester is down despite releasing an encouraging statement yesterday – currently 19 points lower, or 1.8%, to 1039. Tate & Lyle is also down at the start, the renewable food and industrial ingredients giant is 10 points down, or 1....

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