New St Barbara managing director Craig Jetson says there are far too many gold mining companies in Australia and Canada, and he is keen to drive consolidation through a ''bold'' and ''aggressive'' approach to mergers and acquisitions.

Seven months after taking the reins of the 51-year-old gold miner, Mr Jetson will soon present investors with his strategic ''flight plan'' for the company, which will include the sort of multi-year production growth target issued by rivals such as Saracen Mineral Holdings in recent years.