The Baltic Shield (or Fennoscandian Shield) is a segment of the Earth's crust belonging to the East European Craton, representing a large part of Fennoscandia, northwestern Russia and the northern Baltic Sea. It is composed mostly of Archean and Proterozoic gneisses and greenstone which have undergone numerous deformations through tectonic activity. It contains the oldest rocks of the European continent with a thickness of 250–300 km.
The Baltic Shield is divided into five provinces: the Svecofennian and Sveconorwegian (or Southwestern gneiss) provinces in Fennoscandia, and the Karelian, Belomorian and Kola provinces in Russia. The latter three are divided further into several blocks and complexes and contain the oldest of the rocks, at 3100–2500 Ma (million years) old. The youngest rocks belong to the Sveconorwegian province, at 1700–900 Ma old.
Thought to be formerly part of an ancient continent, the Baltic Shield grew in size through collisions with neighbouring crustal fragments. The mountains created by these tectonic processes have since been eroded to their bases, the region being largely flat today. Through five successive Pleistocene glaciations and subsequent retreats, the Baltic Shield has been scoured clean of its overlying sediments, leaving expansive areas (most within Scandinavia) exposed. It is therefore of importance to geophysicists studying the geologic history and dynamics of eastern Europe.
The scouring and compression of the Baltic Shield by glacial movements created the area's many lakes and streams, the land retaining only a thin layer of sandy sediment collected in depressions and eskers. Most soil consists of moraine, a grayish yellow mixture of sand and rocks, with a thin layer of humus on top. Vast forests, featuring almost exclusively the three species pine, spruce and birch, dominate the landscape, clearly demarcating its boundaries. The soil is acidic and has next to no carbonates such as limestone. The scouring by the ancient glaciers and the acidity of the soil have destroyed all palaeontologically interesting materials, such as fossils.
The Baltic Shield yields important industrial minerals and ores, such as those of iron, nickel, copper and platinum group metals. Because of its similarity to the Canadian Shield and cratons of southern Africa and Western Australia, the Baltic Shield had long been a suspected source of diamonds and gold. Currently, the Central Lapland Greenstone Belt in the north is considered to be an unexplored area that has the potential to hold exploitable gold deposits.
Recent exploration has revealed a significant number of diamond-bearing kimberlites in the Kola Peninsula, and (possibly extensive) deposits of gold in Finland.