BALLY <BLY> COMPLETES PURCHASE OF GOLDEN NUGGET

<Consolidated TVX Mining Corp> said it 
agreed to issue 7.8 mln treasury shares to acquire interests in 
three gold mining companies in Brazil and an option to increase 
the company's interest in a platinum property. 
    The company said the transactions will bring immediate 
production and earnings to Consolidated TVX, enhance its 
precious metal potential and is expected to improve cash flow 
and earnings on a per share basis. The company did not give 
specific figures. 
    Consolidated TVX said it will acquire 29 pct of CMP, a 
public gold mining company in which TVX already holds a 15 pct 
interest, making TVX the largest single shareholder. 
    The company also agreed to acquire a 19 pct stake in Novo 
Astro, a private company, and a 16 pct interest in Teles Pires 
Mining, increasing the TVX's ownership to 51 pct. 
    In addition, Consolidated TVX said it will acquire the 
right to add a 10 pct interest to a platinum property in which 
it already owns a 29.4 pct stake. 
    CMP earned 11 mln Canadian dlrs in 1986 and expects to 
produce 42,000 ounces of gold in 1987 at a cost of 160 U.S. 
dlrs an ounce, Consolidated TVX said. 
    Novo Astro operates Brazil's richest gold mine located in 
Amapa State, with an average grade of 0.8 ounces of gold a ton 
in a hardrock quartz vein, Consolidated TVX said. Mining of 
eluvial surface material produced 25,000 ounces in 1986 and is 
expected to produce 60,000 ounces in 1987. 
    It also said Teles Pires Mining controls rights to a 350 
kilometer section of the Teles Pires River, where one dredge is 
expected to produce 10,000 ounces of gold in 1987. 
 Reuter

CONSOLIDATED TVX TO BUY BRAZIL GOLD MINE STAKES

American Nursery Products Inc 
said it purchased Miami-based Heinl's Nursery Inc, for 
undisclosed terms. 
    Heinl's Nursery has sales of about 4.5 mln dlrs and owns 
100 acres, of which 75 are in shade houses and about 58,300 
square feet cover greenhouses, shipping and office facilities. 
 Reuter