  High-resolution (0."03 - 0."09) (9 - 26 pc)) ALMA (100 - 350 GHz (3 - 0.8
mm)) and VLA 45 GHz measurements have been used to image continuum and spectral
line emission from the inner region of the nearby infrared luminous galaxy IC
860. We detect compact (r=8-10 pc), luminous, mm continuum emission in the core
of IC 860, with brightness temperatures $T_{\rm B}>$ 280 K. The 45 GHz
continuum is equally compact, but fainter in flux. We suggest that the 3 to 0.8
mm continuum is opaque at mm-wavelengths, implying a very large H$_2$ column
density $N$(H$_2$) of 1e26 cm-2, and that it emerges from hot dust with
temperature $T_{\rm d} \sim 280$ K. Vibrationally excited lines of HCN
$\nu_2$=1f J=4-3 and 3-2 (HCN-VIB) are seen in emission and resolved on scales
of 40-50 pc. The HCN-VIB emission reveals a north-south nuclear velocity
gradient with projected rotation velocities of v=100 kms$^{-1}$ at r=10 pc. The
brightest HCN-VIB emission is oriented perpendicular to the velocity gradient.
Ground state lines of HCN 3-2, 4-3, HC$^{15}$N 4-3, HCO$^+$ 3-2, 4-3 and CS
7-6, show complex line absorption and emission features. HCN and HCO$^+$ have
red-shifted, reversed P-Cygni profiles consistent with gas inflows of $\sim$50
kms$^{-1}$. The absorption features can be traced from the north-east into the
nucleus. In contrast, CS 7-6 shows blue-shifted line wings extending to -180
kms$^{-1}$. We suggest that a dense and slow outflow is hidden behind a
foreground layer of inflowing gas.
  It appears that the centre of IC 860 is in a phase of rapid evolution where
an inflow is building up the nuclear column density of gas. A slow, dense
outflow may be signalling the onset of feedback. The inner, r=10 pc, IR
luminosity can be powered by an accreting black hole and/or a compact starburst
with a top-heavy initial mass function.
