YEREVAN. - The Neva Rus investment company has invested a total of $110 million in Armenia’s mining industry and plans to invest another $100 million, the company representative Karen Ghazaryan told journalists following Armenian President Serzh Sargsyan’s meeting with the managers of Armenia’s mining companies.

The company is now operating the Saranist gold fields and the Dastakert copper and molybdenum field.

“We also plan to operate the Armanis gold field and invest $63 million in the project,” he said.

Last year, the share of Armenia’s mining industry in the industrial sector reached 17.7%, with 96.5% of this figure being the share of copper ore output. The average monthly salary in the industry is AMD 130, 000 (about $400).