NSW-focused NuCoal says it's spending $20,000 per year for three years to train one junior and one adult apprentice.
The mechanical fitting apprentices will be trained by Diversified Mining Services, which says it's on the hunt for more apprentices.
"DMS will continue to invest in their existing apprentice and trainee schemes and take on additional allocations at the start of each calendar year," it said in a statement.
"It is anticipated that more apprentices will also be trained by DMS in future years supported by NuCoal, which plans to establish a non-profit underground mine training school attached to the Doyles Creek Mine to provide mining education."
DMS said it employs a total 36 apprentices throughout its operations and is looking to train more to help supply workers to the skill-starved mining industry.
In a statement NuCoal said the training partnership was part of a wider strategy that also involved funding university students and placing at least five apprentices per year with different companies.
NuCoal resources managing director Glen Lewis said the training partnership with DMS was part of an important trend in the industry to find new workers.
“My generation will retire over the next ten years and we are about 60 per cent of the current underground industry," he said.
"Unless we have a robust efficient training mechanism for the future we are not going to have enough people.”