Abstract: Bolivia is located at the junction of the Antarctic Plate and the American Plate, situated at the intersection of two major tectonic units, the Andes and the Amazonia craton. It has experienced a long and complex geological evolution process and has been significantly influenced by the Andean orogeny. The stratigraphy of Bolivia is well-developed from the Archean to the Cenozoic, with Cenozoic magmatic activity being closely related to the formation of metal mineral deposits in Bolivia. Bolivia is rich in mineral resources, with iron, lead, zinc, tungsten, tin, bismuth, antimony, silver, lithium, and other minerals being the dominant ones. It holds an important position globally and is a world-renowned mineral-rich country and traditional exporter of mineral products. Historically, it was known as the "Republic of Mining." Due to natural conditions, political situations, and mining policies, the overall geological work level in Bolivia is relatively low, with significant differences in work levels among different regions. The degree of mineral resource development is far behind that of neighboring countries such as Brazil, Peru, and Chile. Therefore, Bolivia is considered one of the most prospective countries for exploration in the world today. In recent years, the Bolivian government has issued new decrees, implemented tax reforms, and abolished the value-added tax on the import of capital goods, industrial plants, machinery, and equipment to attract foreign mining companies to invest and cooperate in Bolivia, thereby increasing the added value of Bolivian mineral exports. This paper introduces the geological and mineral resources overview of Bolivia, with a focus on interpreting the mining regulations and other documents issued since 2014. Four mining investment suggestions are proposed: First, it is necessary to study the geological background and mineralization laws of Bolivia to prepare for entering the Bolivian mining market. Second, systematic exploration preparations should be made to conduct regional or small-scale mineral rights resource exploration work together with Bolivia and to refine and correct existing data. Third, respect for the indigenous people and environmental organizations of Bolivia is essential. While exploiting resources, efforts should be made to promote the development of surrounding communities and gain public recognition. Fourth, professional legal teams should be hired to conduct due diligence and establish flexible exit mechanisms.