Oscar-winning actor Michael Caine is in advanced negotiations to star in New Line Cinema's "Austin Powers 3: Goldmember" for director Jay Roach. Production is scheduled to begin next month for a July 26 release date. Written by Mike Myers and Michael McCullers, the film continues the adventures of the swinging '60s super spy and his nemesis, Dr. Evil, both played by Myers. Although the script is being kept tightly under wraps, Caine will play Capt. Hendricks, a security specialist of the Royal Navy. Myers also is said to be playing the title character of the villainous Goldmember, as well as Fat Bastard, a role he originated in the second installment. John Lyons and Eric McLeod are producing the film. Caine, repped by ICM, most recently starred in "Quills" and "Miss Congeniality." He next stars in Miramax's "The Quiet American" and the indie features "Last Orders" and "Quicksand."