Ernesto Canales

Senior Global Analyst & Managing Director LATAM

Ernesto Canales

Senior Global Analyst & Managing Director LATAM

Ernesto Canales

Senior Global Analyst & Managing Director LATAM

Career and Academic Background

Ernesto is a Senior Global Analyst and Management Consultant with 20+ years of international practice working in a wide range of industries, mainly but not limited to Mining and Manufacturing. Along his career he has identified and implemented effective optimization initiatives in everchanging, dynamic environments.

He has a large history of success as a Senior Analyst and Project Manager. Based on analytical skills and understanding of client needs, he is experienced identifying and delivering financial benefits through process design, and installation of operational enhancing tools and methodologies; aligning core business, revenue, and growth goals.

With Post-Graduate studies in Management at Harvard University and a Master of Business Administration degree, Ernesto combines strong business acumen with the ability to lead operational improvement teams bringing bottom-line financial results.

Specifically, within the Mining industry, Ernesto has analysed and developed the architecture of several mining projects resulting on up to 30% increase in output and up to 20% in cost optimization. He has participated in multiple engagements around the world, designing and executing projects across the value chain from: throughput, maintenance efficiency, vendor/contractor management, strategic sourcing, logistics, cost control, metrics and dashboards, skills and behaviour, organization development, couching and training, etc.

Some of his experiences in Mining include well recognized players in the industry such as Golden Star, Anglo American, Vale Brazil, Votorantim Metais, De Beers, Nexa Resources, Tmac Resources, Mineração Caraiba, etc.

Certificate of Special Studies in Management – Harvard University
Master of Business Administration – Monterrey Technical Institute
Languages: English, Spanish and Portuguese

Significant Experience

As a member of global consulting teams, Ernesto has acquired vast experience improving operations from important players in several industries and sectors, leading engagements across the value chain. Achievements identifying and delivering operational improvements and financial benefits (EBITDA) by industry, include:


  • Anglo American (Brazil) Identified financial benefits through 9% increase output on an open pit ferrous mine operation located in the Amazonia
  • Tmac Resources (Canada) Diagnosed benefits on cycle time reduction increasing throughput on a gold under ground mine process located in the Artic
  • Vale (Brazil) Spotted benefits based on 15% increase production, and maintenance improvements (equipment availability) on a single bauxite mine of the group
  • Nexa Resources (Brazil / Peru) Determined operational benefits as a combination of 10% increase throughput and 5% cost reduction on two mines of the group
  • Mineração Caraiba (Brazil) Tagged financial benefits on supply chain efficiencies, improving purchasing areas (materials, equipment, and services), contract management, strategic sourcing and warehousing.
  • Other engagements: Golden Star (Ghana), De Beers (Canada), Primero Mining


  • Bridgestone Firestone (Brazil) Designed a cost reduction project in admin areas on the largest plant of the corporation outside Japan
  • Other engagements: Exide Batteries (Spain), Alcatel-Lucent Technologies (France), Appleton Coated Paper (USA), Santista Textil (Argentina)

Banking and Financial Services

  • American Express (USA) Tagged cost reductions in customer service areas
  • Other engagements: Banco Santander (Puerto Rico), Scotia Bank (Chile), Banco Leon (Dominican Republic)

Transportation and Logistics

  • Solvi Engenharia Ambiental (Brazil) Identified operational improvement on vehicle utilization, labour productivity and overtime control