force majeur News

‘Worsening Weather, Better Forecasting’ Could Prompt Force Majeure Changes

Worsening weather and better forecasting methods could push the mining sector to change force majeure provisions in supply contracts and sharpen how blame is allotted when storms or floods disrupt regular business. Climate scientists predict global warming will trigger greater …

Wild Weather Could Push Miners to Heed Insurers’ Warnings; Reassess Risks

A surge in weather-related disasters in Australia could push global mining firms to overhaul supply contracts and rethink how bad weather will affect their operations and customers worldwide. Climate scientists say a warmer world will cause greater extremes of weather …