The mining company is listing on the New Zealand and Australian stock exchanges as it looks to develop prospects near the famous New South Wales mining site Broken Hill.

In an indication of the country’s changing attitude to mining and increasing offshore interest, Chinese parties may join Heritage Gold in a $40 million mining project at the historic Talisman site near the Coromandel.

Heritage Gold (NZX: HGD) executive director Peter Atkinson said the  permit had been a long time coming.

“A lot of people outside the Tasman never thought it would be possible to get a mining permit for the Talisman.