We present field observations from the Palaeoproterozoic volcano-sedimentary Tampere palaeobasin, where the primary structures have been exceptionally well preserved. We use the observations to construct a new tectonic model for the southeastern margin of the Tampere basin during its inversion and subsequent closure. The observed volcano-sedimentary and structural features suggest a change in the local structural style from thick-skinned inversion to thin-skinned thrusting, to accommodate the crustal shortening during basin closure. Furthermore, it is suggested that there is a genetic relationship between the interpreted palaeothrust and the sulphide-bearing schist horizons in the study area. On a more general note, the results imply that currently subvertical mineralized shear zones may have originally been gently dipping, further suggesting that the mineralized fluids may not necessarily have been sourced from great depths (i.e. from deep within the basement).