An improved disc type rolling rock cutter, and novel cutterheads employing such cutters. A rock cutter with an improved, simplified structure, with compact bearing, and smooth, rounded blade shape is disclosed. The design incorporates a cutter ring, bearing, and seal into a single cutter ring assembly. The cutter may be assembled and disassembled for rework by a single worker with simple hand tools. Replacement of worn out cutter rings is done quickly and easily by removing the old ring assembly and then sliding a new ring, bearing, and seal assembly on to the cutter shaft. This simplified assembly is achieved by using a comparatively large shaft which is normally in the range of 40-50% of the ring diameter. The shaft design is sufficiently robust to permit a cantilever mount of the cutter. The unique configuration allows 30,000 lbs. or more thrust to be applied to a 5 inch diameter miniature disc. This capacity permits single disc cutter technology to be applied to smaller bits or cutterheads than previously possible. Also, a unique method of shaping and installing hard metal inserts improves cutting efficiency over the life of the cutter, and increases wear life in highly abrasive conditions.