ITEM 1.01

ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On April 15, 2011, James River Coal Company (the “Company”) entered into a Fourth Amendment to Amended and Restated Revolving Credit Agreement by and among the Company, certain of its subsidiaries, the lenders party thereto (collectively, the “Lenders”) and General Electric Capital Corporation (“GE Capital”), as Administrative Agent and Collateral Agent (the “GE Amendment”) pursuant to which, among other things, the Company’s revolving credit facility (the “Revolving Credit Facility”) under the Amended and Restated Revolving Credit Agreement dated as of January 28, 2010, as amended (the “Revolving Credit Agreement”) was amended to (i) increase the revolving line of credit from $65,000,000 to $75,000,000, and increase the letter of credit subfacility from $65,000,000 to $75,000,000; (ii) include within the definition of Permitted Encumbrance any liens on cash collateral provided by the Company or any of its subsidiaries to secure the reimbursement or other obligations of such entity in respect of that certain letter of credit issued by ABN Amro Bank, N.A. for the account of International Resources Holdings II, LLC in favor of Travelers Casualty and Surety Company of America, as beneficiary (the “IRP-Travelers Letter of Credit”); and (iii) deem the IRP Travelers Letter of Credit to have been issued pursuant to the Revolving Credit Agreement, and to be a Letter of Credit (as defined in the Revolving Credit Agreement) for all purposes under, the Revolving Credit Agreement and related loan documents.

Section 8.08 of the Revolving Credit Agreement provides, among other things, that the Company and any of it subsidiaries parties to the Revolving Credit Agreement will (1) cause each entity that becomes a subsidiary of such credit party promptly to guarantee the obligations and to grant GE Capital, as Collateral Agent for the benefit of the lenders, a security interest in the real, personal and mixed property of such subsidiary, and (2) promptly pledge to GE Capital, as Collateral Agent for the benefit of the lenders, all of the equity interest owned by a credit party of each entity that becomes a direct subsidiary of such credit party. The GE Amendment provides that notwithstanding the provisions in Section 8.08 of the Revolving Credit Agreement, as it relates to the Acquisition (as defined below) and the business acquired pursuant thereto (i)  in lieu of certain actions otherwise required pursuant to Section 8.08 of the Revolving Credit Agreement, the Company is required to (x) take the actions required by Section 8.08(c) of the Revolving Credit Agreement to the extent described in Schedule 1 to the GE Amendment by no later than May 3, 2011 (or such later date as agreed to by GE Capital in its reasonable discretion) in respect of the Acquisition (as defined below) and the business acquired pursuant thereto, IRP (as defined below) and its subsidiaries, IRP LP Holdco (as defined below) and IRP GP Holdco (as defined below); and (y) provide to GE Capital evidence no later than June 30, 2011 (or such later date as agreed to by GE Capital in its reasonable discretion) that all mortgages and local UCC financing statements filed by Merrill Lynch Business Financial Services Inc. as secured party and listing either IRP or any of its subsidiaries as debtor have been terminated of record; (ii)  the eligible accounts and eligible inventory relating to the business of IRP and its subsidiaries may not be included in the calculation of the Borrowing Base (as defined in the Revolving Credit Agreement) unless and until certain conditions as specified in the GE Amendment have been satisfied as reasonably determined by the Collateral Agent; and (iii) waives certain other actions required to be taken by the Company and any of its subsidiaries under Section 8.08 of the Revolving Credit Agreement in respect of the Acquisition and the business acquired pursuant thereto, IRP and its subsidiaries, IRP LP Holdco and IRP GP Holdco, unless and until such time as the Company desires that any eligible inventory relating to the business of IRP and its subsidiaries be included in the Borrowing Base (as defined in the Revolving Credit Agreement), in which case, certain conditions specified in the GE Amendment would need to be satisfied to the reasonable satisfaction of the Collateral Agent, including but not limited to the actions described on Schedules 1 and 2 to the GE Amendment as they relate to such inventory requested to be included in the Borrowing Base or to the real estate from which such inventory originates or upon which such inventory is or will be located.

The foregoing summary of the GE Amendment, and the transactions contemplated thereby, does not purport to be complete and is subject to, and qualified in its entirety by, the full text of such agreement, which is filed herewith as Exhibit 10.1 and incorporated herein by reference.

ITEM 2.01

COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS

On April 18, 2011, the Company completed its acquisition of International Resource Partners LP (“IRP”) pursuant to a Purchase Agreement (the “Purchase Agreement”), dated March 6, 2011, by and between Lightfoot Capital Partners, LP, International Industries, Inc., International Resource Partners GP LLC, Kayne Anderson Energy Development Company and Tortoise Capital Resource Corporation and the Company and International Resource Partners GP LLC, as Agent. Pursuant to the terms of the Purchase Agreement, IRP LP Holdco Inc., a wholly-owned subsidiary of the Company (“IRP LP Holdco”), acquired all of the outstanding limited partnership interests of IRP and