Reports of his death have been premature as JAMES BOND 007 is back in action, The ENQUIRER has learned, and we have ALL the details!

Despite Bond producers throwing in the towel months back as The ENQUIRER previously reported due to MGM money problems it was announced today that BOND 23 has been given the go-ahead.

American Beauty helmer Sam Mendes is directing and the spy actioner starts lensing later this year with a November 9, 2012 release date.

Several studios, The Hollywood Reporter said, are courting MGM to release their slate of pics including Sony and Paramount.

And yes, DANIEL CRAIG returns as the shaken-not stirred king of cinema!