DEVELOPING THE PAST-PRODUCING SIAN GOLD DEPOSIT IN GHANA
The Indicated Gold Resource at Sian/Praso Now Stands at 192,000 oz (NI 43-101 Compliant); Up 92% Since Last Report
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Midlands Minerals Corporation > Message
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Eastern Ghana Economic Conditions

Posted by: Ndiye on July 04, 2008 01:34PM

In response to: Re: 3 Straight Days of buying by ghani

Thought it would be interesting to post the economic conditions of the eastern Ghana region where MEX has the Sian deposit. From the Ghana section of Newmont's website:

Economic characteristics: The Eastern Region has a total of 927,699 persons (75.5%) who are economically active and 299,913 persons (24.5%) not economically active. Within the economically active population, 87 percent worked during the 7 days before the census, 4.6 percent had a job but did not work and 8.4 percent were unemployed. There is no major difference between the percentage of males (87.8%) and females (86.2%) who worked during the period.

Similarly, the unemployment percentages for males (8.1%) and for females (8.7%) are comparable. The not economically active population is made up largely of students (35.6%) and homemakers (24.8%). Males make up the majority of the student population while females predominate among homemakers. The proportion of the aged and the retired/pensioners is higher for females (19.3%) than for males (14.2%). This pattern of economic activity shows little variation from district to district within the region. There is very little difference between the percentage of male physically challenged persons (3.8%) and female physically challenged persons (3.7%).





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Kim Harris
President & CEO
August 07, 2008

President & CEO Kim Harris updates investors on the recent drilling at Sian

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