A new Banjo Kazooie game could be on the way, if the latest online rumors are correct. Insider Nate Drake claims that the project is currently under active development and was approved by Microsoft early last year. The development of the project seems to be in the early stages and it is not clear which studio would work with the new Banjo Kazooie game as it is unlikely to be Rare. As always, these are rumours, so take them with a grain of salt.