There are two possible ways to interpret your question...
1. What is the equation of a circlualr curve in R^3? (math)
2. How can I get the equation for the trajectory of an object rotating around the sun? (physics)
The first question seems to me to be more like what you're asking... and as such, I would suggest you use parametric equations, which is exactly what it seems like you need (since you are making the planet's position a function of time).
So, say you wanted an orbit that was in a flat circle around the sun... say in the x-y plane. Well, you already know the answer: x = R cos(t), y = R sin(t), z = 0.
If you wanted it in the x-z plane, it could be something like: x = R cos(t), y = 0, z = R sin(t).
Finally, if you want it to be somewhere in between, we can make an educated guess:
x = R cos(t), y = R sin(t) cos (theta), z = R sin(t) sin (theta), where theta is measured with respect to the positive y axis. We see that |<x,y,z>| = R^2 and it works in the limits theta = 0 and theta = pi/2.
2. As far as the physics is concerned, you can either model the set of differential equations a la numerical analysis, or you can just use physics to get the parameters for the above method.
Anyway, hopefully this wasn't a complete misunderstanding of your problem. Best of luck,
- csprof2000