When AC/DC founder and rhythm guitarist Malcolm Young announced he was stepping down from the band for unspecified health reasons, the world figured that was it for the legendary 'Thunder from Down Under', despite assurances from lead singer Brian Johnson that the show would go on.

Rumors floated this spring that the band had booked recording studio time in Canada and that Malcolm and Angus Young's guitar-playing nephew was also seen in the province.

It sounds now as if all the rumors are true. Johnson got an honorary degree from the University of Northumbria in the United Kingdom this week and revealed that AC/DC has already finished work on their 15th studio album!

The band considered calling the new album "Man Down" in reference to Malcolm.

Johnson has also gone on record saying that the band would tour later this year for their 40th anniversary and now signs are pointing to an AC/DC Glastonbury 2015 headlining set.