Tool for cutting solid material

A tool for cutting solid material, comprising a tool body and a cutting insert mounted on said tool body, said tool body defining a front-to-rear extending longitudinal axis and having a forwardly facing surface, said cutting insert including a rearwardly facing surface opposing said forwardly facing surface, one of said surfaces defining an axially open recess receiving the other of said surfaces, said rearwardly facing surface including a first conical surface portion carrying rearwardly projecting spacer projection means arranged annularly about said axis, said forwardly facing surface including a second conical surface portion on which said insert is supported, said axis constituting a longitudinal axis of said second conical surface portion, said second conical surface portion carrying forwardly open indentation means arranged annularly about said axis and receiving said spacer projection means, said indentation means including supporting surface means engaged by said spacer projection means for retaining said cutting insert in a predetermined radial and axial orientation relative to said tool body and forming an axial space between said forwardly and rearwardly facing surfaces to receive a brazing material which secures said insert to said tool body.