Publisher Chris Ingham revealed he was "thrilled" to honour The Rock legends with the nominations, which come in the magazine's 25th year.
He said: "A whole quarter of a century ago, Metal Hammer magazine began and in that time we've worked with some of the biggest and best names in metal and rock music.
"Some of those names will be joining us for the Metal Hammer Golden Gods and, whether they're icons or rising stars, their tireless efforts to stay true to the most loyal fanbase around is a massive achievement and one we are thrilled to honour."
In the Best International Band list, Avenged Sevenfold will take on Dimmu Borgir, Down, Children Of Bodom and Stone Sour, while Machine Head, Cancer Bats, Rob Zombie, Skindred and Devildriver are all nominated in the Best Live Band Category.
The awards will be presented on June 13, 2011 at London's Indigo2.
Best International Band:
Children Of Bodom
Best UK Band sponsored by Roadrunner:
Bring Me The Horizon
Bullet For My Valentine
Best Live Band:
Best New Band:
The Dead Lay Waiting
Best Breakthrough Parkway Drive:
Shredder(s) sponsored by Blackstar:
Gus G (Firewind, Ozzy Osbourne)
Mark Tremonti (Alter Bridge)
Alexi Laiho (Children Of Bodom)
Mark Rizzo (Cavalera Conspiracy, Soulfly, Il Nino)
Synyster Gates (Avenged Sevenfold)
Metal As F**k:
Event of the Year sponsored by Alchemy:
Rob Zombie's return
System Of A Down reforming
The Big 4 UK announcement
Beavis And Butthead's resurrection