Vedanta Resources, mining company, are rising ahead of their full year report on the FTSE 100 today.

The company which has risen 37.66 pct over the last year is expected to report revenues of £8.27 bn by analyst consensus.

The full year results could give a boost to the commodities which are currently selling short on Australian Prime Minister's comments regarding a possible 'mining' tax.

Spoken over the bank holiday weekend, the media reported that a tax of 40 pct on profits above 'normal' would be employed to 'moderate' excessive profits in the industry.

In contrast, mining companies Xstrata, Anglo American and Rio Tinto were all down ahead of Vedanta's results on Australia's plans.