01/11/2011 AT 6:45 PM ET
Daniel Craig will be back to shaking martinis soon.
The actor will reprise his role for the third time as British spy James Bond in the 23rd flick in the popular franchise, which is set for release on Nov. 9, 2012, according to reports. Production had been placed on hold while the parent studio, MGM, underwent new financing.
Craig, 42, first slipped into the iconic role with Casino Royale in 2006, then acted another day on the next one, Quantum of Solace.