Mixins are modules that may contain deferred components, that is, components not defined in the module itself; moreover, in contrast to parameterised modules (like ML functors), they can be mutually dependent and allow their definitions to be overridden. In a preceding paper we defined a syntax and denotational semantics of a kernel language of mixin modules. Here, we take instead an axiomatic approach, giving a set of algebraic laws expressing the expected properties of a small set of primitive operators on mixins. Interpreting axioms as rewriting rules, we get a reduction semantics for the language and prove the existence of normal forms. Moreover, we show that the model defined in the earlier paper satisfies the given axiomatisation.