SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, DC 20549

                                  FORM 8-K

                          CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(d)
                                  OF THE
                     SECURITIES EXCHANGE ACT OF 1934

                            JANUARY 18, 2000
              Date of report (Date of earliest event reported)

                            VISTA GOLD CORP.
           (Exact Name of Registrant as Specified in Its Charter)

                        YUKON TERRITORY, CANADA
             (State or Other Jurisdiction of Incorporation)

              1-9025                                  NOT APPLICABLE.
     (Commission File Number)                (IRS Employer Identification No.)

  370 SEVENTEENTH STREET, SUITE 3000,
            DENVER, CO USA                                 80202
(Address of Principal Executive Offices)                 (Zip Code)

                               (303) 629-2450
             (Registrant's Telephone Number, Including Area Code)

                               NOT APPLICABLE.
        (Former Name or Former Address, if Changed Since Last Report)



                               VISTA GOLD CORP.

ITEM 1.   CHANGES IN CONTROL OF REGISTRANT.

     Not applicable.

ITEM 2.   ACQUISITION OR DISPOSITION OF ASSETS.

     Not applicable.

ITEM 3.   BANKRUPTCY OR RECEIVERSHIP.

     Not applicable.

ITEM 4.   CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.

     Not applicable.

ITEM 5.   OTHER EVENTS.

     PRESS RELEASE DATED JANUARY 18, 2000 ANNOUNCING A CORPORATE UPDATE AND
     1999 GOLD PRODUCTION.

ITEM 6.   RESIGNATIONS OF REGISTRANT'S DIRECTORS.

     Not applicable.

ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS.

     (a)  Financial statements of businesses acquired:

          Not applicable.

     (b)  PRO FORMA financial information:

          Not applicable.

     (c)  Exhibits

          20.1  Press release dated January 18, 2000 announcing a Corporate
          Update and 1999 Gold Production.

ITEM 8.   CHANGE IN FISCAL YEAR.

     Not applicable.

ITEM 9.   SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S.

     Not applicable.


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                                  SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                      VISTA GOLD CORP.
                                      (Registrant)

Date: January 18, 2000                By: /s/ Roger L. Smith
                                          ------------------------------------
                                          Roger L. Smith
                                          Vice President Finance


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                                 EXHIBIT INDEX



                  Exhibit No.                                 Page No.
                  -----------                                 --------
                                                           
20.1  Press release dated January 18, 2000                        5
      announcing a Corporate Update and 1999
      Gold Production.




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