The Resolute Mining Ltd (ASX: RSG) share price is in focus after the company announced the Mineral Resource Estimate at its ABC Project in Côte d’Ivoire has now reached over 3 million ounces of contained gold, up from 2.16Moz last year.

What did Resolute Mining report?

• Expanded Inferred Mineral Resource Estimate to 133 million tonnes at 0.71g/t gold for 3.0 million ounces (at 0.3g/t cut-off)
• Majority of resource within 250m of surface, with deposits open along strike and at depth
• Planned $15–25 million work programme for 80,000m of additional drilling and feasibility studies through 2027
• Currently seven rigs onsite, increasing to eleven in August to accelerate resource growth
• Focus on infill drilling, technical, environmental, social, and metallurgical studies

What else do investors need to know?

Resolute Mining’s ABC Project aims to become the company’s fourth operating mine, with ongoing drilling continuing to extend mineralisation beyond previously defined resource areas. The updated mineral resource is an important milestone, giving confidence in the long-term growth potential of the ABC deposits.

Exploration at the Moya prospect, 8km north of the main Kona deposits, has also delivered encouraging gold intercepts, suggesting possible additional future resources. Work is underway on further technical studies, environmental baseline work, and site infrastructure upgrades to support the next stage of project development.

What did Resolute Mining management say?

Chris Eger, Managing Director and CEO, said:

ABC continues to advance as a priority growth project for Resolute in Côte d’Ivoire. Since acquiring the asset last year, we have built strong momentum through exploration with the updated MRE representing a key milestone in the Project’s development pathway.

The updated MRE shows the potential scale of ABC. Importantly, mineralisation remains open along strike and at depth at both deposits, and we see clear opportunities for further resource growth through ongoing drilling.

Our focus has now shifted to the next phase of project de-risking and progressing feasibility studies. This will be achieved from the approved work programme which will include further drilling, metallurgical testwork, environmental and social baseline studies, permitting, geotechnical and infrastructure work.

ABC is being advanced with the objective of becoming Resolute’s fourth mine in West Africa and our second mine in Côte d’Ivoire. We believe ABC can be an important contributor to our strategy of building a diversified, multi-asset gold platform.

What’s next for Resolute Mining?

Resolute’s key objective is to progress the ABC Project through substantial infill and extension drilling, feasibility studies, and permitting over the next 12 to 18 months. The company aims to convert much of the resource to a higher-confidence Indicated category, moving closer to a future development decision.

The expanded work programme, including environmental and social impact assessments and site infrastructure upgrades, positions ABC as a strong growth opportunity within Resolute’s West African strategy. Investors can expect frequent updates as drilling continues and technical studies progress.

Resolute Mining share price snapshot

Over the past 12 months, Resolute Mining shares have risen 42%, outperforming the All Ordinaries Index (ASX: XAO), which is flat over the same period.

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The post Resolute Mining grows ABC Project gold resource to over 3Moz appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Westgold Resources Ltd (ASX: WGX) share price is in focus today after the company delivered record FY26 gold production of 387,354 ounces, exceeding its own guidance, and closed the year with $939 million in cash, bullion, and liquid investments.

What did Westgold Resources report?

• FY26 gold production: 387,354 ounces – above guidance range of 345,000–385,000oz
• Q4 FY26 gold production: 98,854 ounces at an all-in sustaining cost (AISC) of $2,802 per ounce
• FY26 AISC: $2,841/oz, within cost guidance ($2,600–$2,900/oz)
• Q4 underlying cash build: $233 million (before investments and other items)
• FY26 closing cash, bullion & investments: $939 million, up $575 million year on year
• No debt; fully unhedged gold production

What else do investors need to know?

Westgold achieved record annual production from both its Meekatharra and Fortnum mining hubs. The company delivered a strong Q4 performance, with growth driven by higher-grade ore and expanded mining rates at key assets such as Bluebird-South Junction and Great Fingall.

During the quarter, Westgold completed divestments of the Peak Hill and Chalice Gold Projects, simplifying its portfolio and realising around $68 million in immediate value. It also executed a $27 million on-market share buyback and continued to invest in growth and infrastructure, with $142 million directed to key projects during the quarter.

What did Westgold Resources management say?

Managing Director & CEO Wayne Bramwell said:

FY26 was a defining year for Westgold and showed our strategy is delivering results. Over the past two years, we have simplified our portfolio, focused on our highest return assets and prudently allocated capital on key projects and infrastructure that enables future growth. In FY26, this strategy delivered record annual production of 387,354oz, above our guidance range, achieved our cost guidance, and placed Westgold in the strongest treasury position in its history.

What’s next for Westgold Resources?

Westgold will provide its full FY26 financial results, dividend update, and FY27 guidance in August 2026. The company intends to update its three-year outlook at the same time, incorporating new organic growth initiatives and its evolving production profile.

Management highlighted ongoing investments in resource development and infrastructure, including expanding processing capacity and progressing growth projects. Cost control, improved mill feed grades, and operational efficiency will remain a focus as Westgold seeks to offset sector-wide cost inflation and deliver sustainable shareholder returns.

Westgold Resources share price snapshot

Over the past 12 months, Westgold Resources shares have risen 60%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has risen 1% over the same period.

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The post Westgold Resources exceeds guidance with record gold production in FY26 appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Finding an ASX share capable of growing strongly for many years can lead to outsized returns.

The challenge is identifying businesses with plenty of room to expand and the ability to turn that opportunity into rising revenue and earnings.

I think the three ASX shares below have that sort of potential, which is why I would be happy to buy them and hold for the next decade.

SiteMinder Ltd (ASX: SDR)

In many respects, a hotel room is perishable inventory. When a room sits empty tonight, the hotel cannot sell that same night next week. Operators therefore need to reach the right guests, appear across multiple booking channels, and adjust prices as demand changes.

SiteMinder provides the technology behind those decisions. Its platform helps hotels distribute rooms, take direct bookings, manage pricing, process payments, and understand where demand is coming from. More than 53,000 hotels currently use the company’s technology across 150 countries.

The Smart Platform is also changing how the ASX share earns revenue. The company can make more money when hotels generate more bookings and use additional services, giving it room to grow revenue from existing customers.

In the first half of FY26, annual recurring revenue increased by 27.4%, while adjusted EBITDA more than doubled.

Travel will remain cyclical, and competition across hotel software is considerable. I still think SiteMinder has a long opportunity ahead as independent hotels replace disconnected systems with broader commerce platforms.

Catapult Sports Ltd (ASX: CAT)

Professional sports organisations spend enormous amounts recruiting, training, and retaining athletes.

Catapult stands to benefit from this. It helps teams get more from that investment through wearable technology, video analysis, performance data, and tools used by coaches and support staff.

I think the next stage of Catapult’s growth can come from selling more solutions to each customer.

A football club that begins with athlete monitoring may later add video, tactical analysis, scouting, or strength-training products. Each additional product can make Catapult more closely embedded in the club’s operations.

That strategy gained momentum in FY26. Annualised contract value rose 28% to US$133.8 million, while the number of professional teams using multiple Catapult solutions increased by 62%.

Catapult still needs to turn its improving economics into sustained profits. But I think the combination of recurring revenue, high customer retention, and more spending per team gives it a strong chance over the next decade.

TechnologyOne Ltd (ASX: TNE)

TechnologyOne sells software that organisations cannot casually switch off.

Councils use it to manage property rates, finances, payroll, assets, and community services. Universities rely on it for student records and timetabling, while government agencies use its systems for critical administrative work.

Once that software is integrated across an organisation, the relationship can last for years.

TechnologyOne reported 17% annual recurring revenue growth to $598 million in the first half of FY26. Customer retention remains above 99%, and management is aiming for more than $1 billion of annual recurring revenue and AI revenue by FY30.

I also like how the company is approaching artificial intelligence. This could give its already positive long-term outlook an extra lift over the next decade.

The company’s valuation regularly reflects high expectations, so disappointing growth could produce sharp share price falls. Even so, its record of innovation, recurring revenue, and expansion into the UK makes it an ASX share I would happily hold for 10 years.

Foolish takeaway

A decade gives these companies time to deepen customer relationships and prove that their platforms can support much larger earnings.

I would expect volatility, particularly from SiteMinder and Catapult, while TechnologyOne’s premium valuation creates its own challenge.

What keeps me interested is the way these businesses are developing. Customers are using more products, recurring revenue is growing, and each company has room to expand beyond its current base.

I would buy all three with sensible position sizes and give their businesses time to shape the investment outcome.

The post 3 growing ASX shares I’d buy and hold for 10 years appeared first on The Motley Fool Australia.

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Motley Fool contributor Grace Alvino has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Catapult Sports, SiteMinder, and Technology One. The Motley Fool Australia has positions in and has recommended Catapult Sports and SiteMinder. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.