Mineral inclusions in gem corundum from Mercaderes, Cauca, Colombia, were investigated non-destructively using Raman and photoluminescence spectroscopy, with special focus lying on phases containing radioactive elements. Besides abundant rutile, the minerals zircon, apatite, feldspar, and an epidote-group species, most probably allanite–(Ce), were found. The latter is detected easily from its characteristic Nd3+ emission pattern, which may prove useful in future provenance studies. Zircon inclusions range from well crystalline to moderately radiation damaged [FWHM (full width at half band maximum) of the ν3(SiO4) Raman band 1.8–10.9 cm−1]. Both the zircon inclusions and their neighbouring host corundum are affected by compressive stress, which is assigned to (1) heterogeneous volume expansion of the host-inclusion couple upon pressure release during the uplift following primary growth and (2) volume expansion of the zircon inclusion due to the accumulation of self-irradiation damage. Internal stress of zircon inclusions averages ~1.1 GPa. Heat treatment of corundum leads to structural reconstitution of zircon (narrowed zircon Raman bands with FWHMs in the range 1.8–2.7 cm−1) and accompanying stress release in the adjacent corundum (indicated by downshifts of the R1 emission of Cr3+). The observation of broadened Raman band of zircon inclusions therefore allows one to exclude high-temperature enhancement of the host corundum.