A portable bandsaw mill for sawing logs which has an elevated horizontal rail extending between first and second end frames, a carriage component mounted on the rail and means slidably movable therealong, a drive motor and a saw blade assembly mounted on opposite sides of the horizontally extending rail to substantially counterbalance each other, and a log support extending between the first and second end frames, the log support being inclined. The above arrangement permits a very light compact sawmill which may be easily transported and set up at different sites.