There is provided a cutting tool having high wear resistance and fracture resistance by reducing the occurrence of thermal cracking on a cutting edge even during a cutting process of a heat-resistant alloy in which the cutting edge reaches high temperatures. The cutting tool is made from a cemented carbide that is composed mainly of a WC phase and contains 11.5-12.5% by mass of Co and 0.2-0.6% by mass of Cr in terms of Cr.sub.3C.sub.2. The WC phase has a mean particle size of 0.85-1.05 m, an antimagnetic force (Hc) of 13.0-16.0 kA/m, and a Rockwell hardness (HRA) of 89.5-90.5.

A tool includes, at least on its edge, a sintered cBN compact which includes cBN particles and a bonding phase, a plurality of flutes is formed on a rake face, each of the flutes having a starting end on the edge ridgeline and causing the edge ridgeline to be wavy, and the terminal end of the flute is disposed inwardly of the edge ridgeline. It is preferable that the flute width of the flute decreases with distance from the edge ridgeline, the flute depth of the flute decreases with distance from the edge ridgeline, and the rake face has a positive rake angle.