Deal of the Year: Gold Fields

In January this year, South African gold mining company Gold Fields became the world’s first gold mining company to sell Certified Emissions Reductions (CERs) in a carbon trade that was also a first for South Africa and that secured it Energy Risk’s Deal of the Year.

Under the transaction, which was brokered by TFS Green, Gold Fields will sell 1,700,000 CERs to Switzerland-based energy-trading company Mercuria under forward contracts which will run until 2016.

The deal is part of a Clean Develop