If visibility is bad, it is remarkably easy to lose your buddy. Turn your head away for a few seconds while your buddy goes a different direction, and that person is gone. I have seen it happen with a group of instructors who were trying to stay together. When that happens, you are supposed to follow a lost buddy procedure by looking for one another for a minute and then ascending to the surface. That works if everyone does it. If one person doesn't ascend, then there is a period of confusion as the rest of the team tries to figure out what to do. How long do we wait on the surface before beginning a search? (If you all begin to search too soon and the other diver surfaces, then what?)
You seem to assume that the missing diver was "not noticed" for an extended period of time. That is very unlikely. More likely is that the missing diver was missed almost immediately and then not found; the diver was being sought for that period of time rather than not being missed.
Let's look at what MIGHT have happened in a case like this one. The clue to why the diver was being sought and not found during that time lies in the fact that she was apparently found with 900 PSI and the regulator in her mouth. That suggests that something went wrong that caused her to die while she was still actively diving and not out of air. For example, a diver who suffers a heart attack might suddenly sink toward the bottom. A buddy who does not see this in the first instant will suddenly realize she is gone. A standard buddy search process will send everyone to the surface after a minute, but she will not go there herself. After that aforementioned period of confusion, that will lead to a search that could take hours and even days. The entire time that this search is going on, she will be lying on the bottom, with no more air leaving her tank and her computer continuing to function as if she were on an active dive. If she had not been found for 3 more hours, that computer would have shown a dive in excess of 4 hours.
It is therefore not only possible that a diver who suffers a catastrophic medical event during a dive will be found with air in the PSI and a very long dive registered on the computer, that is what is what will usually happen.