Reid Sells Home To Mining Company
CARSON CITY, Nev. (KXNT/AP) — U.S. Sen. Harry Reid has sold his home in Searchlight, Nevada and several mining claims to a gold mining company.
The Democratic Majority Leader sold his home, 110 acres and water rights to Nevada Milling and Mining for $1.7 million. The deal closed Friday.
Reid was born in the dusty town 60 miles south of Las Vegas, where his father worked in the mines.
The Reids were approached by Nevada Milling and Mining last year about selling their property and eight mining claims. The senator says the expanded mine will create about 60 jobs.
They also sold two other mining claims in Searchlight to American Capital Energy.
Reid says he and his wife, Landra, will purchase a home in Las Vegas to be closer to their children and grandchildren.
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