Some insiders are "pretty sure" that Anthony Hopkins' Odin will meet his maker, although nothing has been confirmed yet. It is possible that the death of Thor's father could be a key plot point to be used down the road in another sequel, or even in The Avengers 2.
Alan Taylor (Game of Thrones) is directing from a screenplay by Don Payne (Thor). Chris Hemsworth returns as the mighty title character, with Tom Hiddleston (Loki), Jaimie Alexander (Sif), and Idris Elba (Heimdall) reprising their roles from Thor.
Thor: The Dark World was released November 8th, 2013 and stars Chris Hemsworth, Natalie Portman, Tom Hiddleston, Anthony Hopkins, Christopher Eccleston, Jaimie Alexander, Zachary Levi, Ray Stevenson. The film is directed by Alan Taylor.