Pangolin Diamonds and Botswana's fiscal cliff

Two weeks ago Canadian junior miner Pangolin Diamonds issued a statement to the Toronto Stock Exhange  that it had found one of the world’s  biggest Kimberlites in its Tsabong North  prospect in Southern Botswana.

A week later there was yet another statement that it was exploring another huge Kimberlite at its Malatshwe exploration area south of the Letlhakane diamond mine. I immediately started getting e-mails from around the world saying- ‘see  Botswana faces no fiscal  cliff , you are exaggerating and there will be more Jwanengs and Orapas... and why do we need to even think about coal’.