Guns N' Roses bassist Duff McKagan has confirmed that the rumour that there will be a new album is true.

It will be the first time since 2008 that they have released a record since Chinese Democracy.

Speaking to publication Trunk Nation he said the band won't be tied down to any kind of schedule but that they are back among each other.

He said: ''Oh, it's real, but the fun part and the cool part about Guns N' Roses is we don't really talk about it, and what happens next just happens.

It's never been that band that there's a direct schedule of how we do things.

'So I'm excited about the possibilities with that, of course. I don't mean to get anybody rabid. Our day will happen when it happens, that's for sure.'' He said.

The band's last record - 2008's 'Chinese Democracy' - feature Axl and a number of other artists, meaning this will be the first to feature the original trio together since 'The Spaghetti Incident?'.