Chris
If DW/DU 'see' the drive, but cannot mount it, it sounds as if your HDD driver is kaput rather than the partition map, or maybe as well as the partition map. You now need a disk repair utility such as LaCie's Silverlining (v 6.5.4 currently) or InTech's Hard Disk SpeedTools for OS X (and there are others, eg, ExpressPro-Tools from ATTO, and even the freeware Mt Everything (
http://www.overnet.de/hhp/mte/). All of these can restore the Apple-specified partion map and re-install a driver. However, pray that it is only the driver that has departed for the setting sun. HDST can return more detailed information, but it costs (about USD90), whereas Silverlining comes free with any LaCie external drive (magnetic or optical). Mt Everything is highly regarded, but is SCSI only.
Order@speedtools.com
http://www.intechusa.com/ (Have your credit card handy. Download only, but boxware is available, in pictures if not in fact.)
support.au@lacie.com
http://www.lacie.com/au/support/drivers/
I realize that you have a WD drive, but I have no knowledge of the supportware for the drive. Both Silverlining (very probably) and HDST (almost certainly) are capable of 'taking over' the drive and installing their own drivers if you have nothing of the kind from WD. You may/may not need also to install firmware or a firmware update in either case.
However, your first port of call may wisely be here:
http://support.wdc.com/techinfo/index.asp