Never in the field of mining endeavour have so many words been devoted to one word – dividends. Sibanye CEO Neal Froneman put an infinite horizon on Sibanye dividend flow at his latest presentation of financial results of the company that came out of Gold Fields barely two years ago. Dividends were put unambiguously in the driving seat and cash for project and growth options was firmly demoted to the backseat. His like-minded board jettisoned previous dividend policy to approve a dividend yield of 3.5% for the first half of 2014 and Froneman flashed graphics on to a big overhead screen that projected a minimum of R1-billion a year in dividends for the next 14 years, to 2028.