The singer - who starred in 1985 Bond film A View To Kill - is reportedly in the frame to lend her vocals to the Quantum of Solace title track.
A source tells British newspaper The Sun, "There have been very positive discussions. It's looking very hopeful."
Speculation about who will sing the title track for the new 007 movie has been rife - with rumours that Amy Winehouse, Leona Lewis, Beyonce Knowles, Duran Duran and Welsh singer Duffy all have been considered for the project.
Source: WENN