South African precious metals exploration and mining firm Platfields announced that the company still plans to list in Johannesburg, despite missing its initial target of last October partly due to the global crisis.

Chief Executive Officer Bongani Mbindwane, said:

We believe it would have been foolhardy to have pressed ahead with a listing at the time of extreme market volatility at the end of 2008 even had we crossed all of the regulatory hurdles in time.

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