When engaging with the presentation, the delegation was briefed as follows: . The government is offering scholarships for students to study for mining related qualifications abroad. The government is also establishing mining and industrial safety schools to address the shortage of mining personnel. . The following revenue was collected in 2010: o Royalties - US$200 million. o Taxes - US$180 million. . The government is considering working with South Africa in the exploitation of iron ore and gold. . The government is trying to make the nationalized mining companies understand that they have already been compensated by working under favourable conditions. However, it acknowledged that there are some cases where compensation should be considered. . Mining companies are by law required to comply with social responsibility laws. . A joint venture between India and Bolivia is structured such that Bolivia provides minerals and infrastructure and India provides technology. . The delegation was informed that the government believes in participating throughout the mining value chain in order to exercise control over the industry. However, it is aware of its capacity constraints hence the necessity for the joint ventures. . The state ensures legal protection to private investors.