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EURO RESSOURCES S.A.

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TSX:EUR (CAD)  1.85 [0.00 (0.00%)] Jul 17 2009 - Close

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Type: Public
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23, Rue du Roule
Paris
France, 75001
Phone: +1-604-710-2242
Fax: +1-604-608-3283

Company Summary

EURO Ressources S.A. (EURO) is engaged in the business of owning certain gold exploration properties in French Guiana and royalties on operating gold mines. The Company owns a royalty (the Rosebel royalty) on the Rosebel gold mine in Suriname, which is owned and operated by IAMGOLD Corporation (IAMGOLD). The Company’s gold property interests in French Guiana primarily consist of eight concessions and an exploration permit at Paul Isnard.

Company News

Thursday, August 13, 2009
EURO Ressources announced its consolidated financial results for the second quarter and half year ended 30 June 2009 prepared in accordance with International Financial Reporting Standards as adopted by the European Union. EURO reported a profit of €4.62 million (€0.074 per share) for the period ended 30 June 2009 and a profit of €2.72 million (€0.04 per share) for the second quarter of 2009; this compares to a profit of €2.02 million (0.03 per share) for the first six months of 2008 and €1.23 million (€0.02 per share) for the second quarter of 2008. All financial amounts are expressed in Euros. Record revenue of €4.86 million in the quarter ended 30 June 2009 compared to €2.87 million in the second quarter of 2008, an increase of 69%. Substantially all of this revenue is income from the Rosebel royalty. The Rosebel gold mine produced a record 108,947 ounces of gold during the second quarter of 2009, a 39% increase from the 78,522 ounces of gold produced in the second quarter of 2008.

News Releases

Friday, January 16, 2009

Mineral Properties Map

Map Legend:
ProducerProducer
Past ProducerPast Producer
DevelopmentDevelopment
ExplorationExploration
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