FTSE up 1.1 pct, higher for fifth straight day

* FTSE 100 up 1.1 pct; extends rally for fifth session

* Miners gain; gold hits new record high; Lonmin results

* U.S. retail figures expected

By David Brett

LONDON, Nov 16 (Reuters) - Britain's FTSE 100 .FTSE share index sailed to a 14-month high early on Monday, up for a fifth consecutive session and led by miners and energy stocks as growing confidence boosted demand for commodities.

At 0927 GMT the index was up 60.21 points at 5356.59, after hitting a 14-month closing high on Friday at 5,296.38 points.

The FTSE 100 rose 2.9 percent last week and has rebounded 53 percent since hitting a six-year trough in March.

Heavyweight miners were the biggest winners. The sector posted gains across the board on the back of broadly firmer metal prices led by gold XAU=, which recorded a new historical highs as investors sought sanctuary in the commodity away from the U.S. dollar

Lonmin (LMI.L) topped the index leader board, up 5.4 percent, as the world's third biggest platinum producer said it planned to boost output by a fifth by 2013 as prices climb on shortages, after it posted a swing to an annual loss on weak prices and lower output. [ID:nLC466308]

Randgold Resources (RRS.L), Rio Tinto (RIO.L), Xstrata (XTA.L), Kazakmys (KAZ.L), BHP Billiton (BLT.L) and Anglo American (AAL.L) were up 2.5 to 5 percent.

"What we're seeing is an indicator of the FTSE's weighting towards global prospects with the miners leading the way ... and HSBC and Standard Chartered performing well for the banks," said Keith Bowman, analyst at Hargreaves Lansdown.

Banking gains were underpinned by a 1.1 percent rise in Europe's biggest bank HSBC (HSBA.L), as investors bought into the risk sensitive sector.

Standard Chartered (STAN.L) was up 1.2 percent, while Barclays (BARC.L) added 0.3 percent.

But Lloyds Banking Group (LLOY.L) dipped 0.9 percent after the Sunday Times newspaper said the state-backed bank has been forced to wipe off up to 600 million pounds of pub chain Admiral Taverns's debt.

Energy stocks also had support with crude oil prices up above the $77 a barrel level. Cairn Energy (CNE.L), Tullow Oil (TLW.L) Royal Dutch Shell RDSA.L, BP (BP.L) and BG Group (BG.L) climbed 0.8 to 1.6 percent.