Billy Corgan has just announced news of the latest happenings in the world of his Smashing Pumpkins and it would appear we'll have two new LPs from the band on our hands next year.

Writing on [link]smashingpumpkinsnexus.com[/link], Corgan confirmed he has inked a deal with BMG. The albums will be entitled Monuments To An Elegy and Day For Night and will be produced by Howard Willing.

In terms of what we can expect, Corgan says:

"For those interested in sound, think: 'guitars, guitars, guitars, and more guitars. But more so on the epic side of things than say, grossly metallic. Recording sessions begin today, as plenty of songs have been written and ready to go."

You'll be able to track how work is progressing online, as Corgan will post song titles, lyrics, pictures, sound clips and more to keep fans in the loop.