Rotary drilling systems are known to exhibit torsional stick-slip vibrations, which decrease drilling efficiency and accelerate the wear of drag bits. The mechanisms leading to these torsional vibrations are analyzed using a model that includes both axial and torsional drill string dynamics, which are coupled via a rate-independent bit-rock interaction law. Earlier work following this approach featured a model that lacked two essential aspects, namely, the axial flexibility of the drill string and dissipation due to friction along the bottom hole assembly. In the current paper, axial stiffness and damping are included, and a more realistic model is obtained. In the dynamic analysis of the drill string model, the separation in time scales be...