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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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                                    FORM 8-K

                 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

       DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): FEBRUARY 12, 2004

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                         NATURAL RESOURCE PARTNERS L.P.
             (Exact name of registrant as specified in its charter)

          DELAWARE                       001-31465                 35-2164875
  (State or other jurisdiction        (Commission File         (I.R.S. Employer
of incorporation or organization)         Number)            Identification No.)

      601 JEFFERSON, SUITE 3600
            HOUSTON, TEXAS                                          77002
(Address of principal executive offices)                          (Zip code)

       Registrant's telephone number, including area code: (713) 751-7507

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Item 7. Financial Statements And Exhibits.



Exhibit No.                           Description
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99.1                      Press release dated February 12, 2004


Item 9 and 12. Regulation FD; Results Of Operations And Financial Condition.

         In accordance with General Instructions B.2. and B.6 of Form 8-K, the
following information and the exhibit referenced therein are being furnished
under Item 9 and Item 12 of Form 8-K and are not deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended, are not subject
to the liabilities of that section and are not deemed incorporated by reference
in any filing under the Securities Act of 1933, as amended.

         On February 12, 2004, Natural Resource Partners L.P. announced via
press release its earnings and operating results for the fourth quarter and full
year 2003. A copy of the press release is attached hereto as Exhibit 99.1.



SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

                                   NATURAL RESOURCE PARTNERS L.P.
                                   (Registrant)

                                   By: NRP (GP) LP
                                       its General Partner

                                   By: GP Natural Resource Partners LLC
                                       its General Partner

                                       /s/ Wyatt L. Hogan
                                       ----------------------------------------
                                       Wyatt L. Hogan
                                       Vice President and General Counsel

Dated: February 12, 2004



                                  EXHIBIT INDEX



Exhibit No.                           Description
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99.1                      Press release dated February 12, 2004