03:50 PM EST - Euro Ressources : reported a profit in the fourth quarter, boosted by higher revenues and production. Earnings for the fourth quarter were 0.46 million EUR, compared to loss of 0.58 million EUR in the prior-year period. Revenue for the three-month period was 3.217 million EUR, up 15 per cent from last year's 2.80 million EUR, reflecting substantial results from Rosebel royalty. Rosebel gold mine production rose seven per cent to 89,651 ounces of gold from 83,438 ounces of gold last year. For the full-year 2008, earnings were 4.68 million EUR, compared to a loss of 0.76 million EUR in the previous year. The company reported a 54-per-cent surge in annual revenues to 12.43 million EUR from 8.09 million EUR last year. Production at Rosebel gold mine rose 20 per cent to 331,131 ounces of gold from 276,085 ounces of gold. Euro Ressources
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