Deadline says:
Well, it took a week longer than I thought it would, but Disney has finally reached a meeting of the minds on The Lone Ranger with director Gore Verbinski, Johnny Depp and producer Jerry Bruckheimer. The studio is expected to formalize a new start date imminently and announce it is moving forward and putting Depp back in the saddle as Tonto, with Armie Hammer as the title character. It looked like the studio was going to announce last week when the picture brightened for the film, but it will be this week’s business instead. I don’t think Disney was able to salvage its December 21 release date because production won’t start in New Mexico until early next year.
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I guess we'll have to wait and see how this works out.