[LETTERHEAD OF DMBW, INC. APPEARS HERE]

                                                                    Exhibit 23.4

March 27, 1995

Amax Gold Inc.
9100 East Mineral Circle
Englewood, CO 80112

RE: Haile Project Reserve Study

Ladies and Gentlemen:

We hereby authorize the reference to the following described report prepared by 
DMBW, Inc. (Derry, Michener, Booth & Wahl) ("DMBW") in an Annual Report on Form 
10-K to be filed by Amax Gold Inc. ("AGI") (File No. 1-9620), with the 
Securities and Exchange Commission ("SEC"):

1.  Audit of April 1, 1994 Ore Reserves at the Haile Mine, dated April 22, 1994,
prepared for Amax Gold, Inc.

We also confirm that we have had read the description of the Haile Project ore 
reserves as contained in the Annual Report and have no reason to believe that 
there is any misrepresentation in the information contained on Form 10-K, which 
is derived from our report, or known to us as a result of services we performed 
in connection with the preparation of such report.

Sincerely,

DMBW, Inc.
[Derry, Michener, Booth & Wahl]

/s/ I. S. PARRISH

By:    I. S. Parrish
Title: President/Economic Geologist