Atlanto,
As Naj pointed out, if this is the old style pump, it could well be the bearings--these are two--a 626 and a 627--those are the numbers for them. It could also be that there is considerable crud in the bottom of the pump section--perhaps something metallic that got past the inlet pump screen and has caught up between the vane and the bottom plate. Mnay would be surprised how many pumps I find that do not have this inlet filter or the radio suppresion capacitor! If it is this and your pump is in reasonably good shape i.e. the screws on the bottom plate aren't corroded badly, you might try removing the bottom plate and cleaning out this section. I only advise doing this if the screws aren't corroded and unscrew easily, otherwise you may find youself with several broken screws, the bottom plate still in place and no further along than when you started. If you get the bottom plate off, clean it out and it is still noisy, then Naj's diagnosis is probably correct--if that's the case, take a look at the many posts on this site and read up on what is involved in a large pump rebuild--it's not that difficult but you do need to know what you are doing or you will definitely end up destroying a pump that may be able to be rebuilt.
George Des