Hmmm, it's not showing up but it says it is initialized? Strange, there aren't many things I can think of, actually non atm. Could you do something? After loading up a save and getting the message, open up the console and type
PrintTileInfo "_minimap" 1004
Then post what it says. Note: it will be a bit much so best use http://www.gamesas.com/bgsforums/index.php?showtopic=1029117&st=0&p=14900363entry14900363 to avoid having to type it all out. Or making a screenshot of the console output would work too I guess but that leaves a bit of room for reading errors on my end.

-kyoma
Okay, here ya go:
Lightweight Potions updated values from ini file with weight set to 0.10
MiniMap Initialized - Version 0.7.0
MMO:Updated values from ini file in data\.
MMO:Cannot support backup functionality without Pluggy 128 or newer.
RH: RealisticHealth.ini loaded
RH: shader loaded
All Natural SI: Initialized
All Natural Tamriel: Initialized
printtileinfo "_minimap" 1004
PrintTileInfo _minimap
Traits:
visible: 1.0000
clipwindow: 2.0000
locus: 2.0000
alpha: 0.0000
y: 80.0000
x: 1286.0000
clips: 2.0000
height: 200.0000
width: 200.0000
red: 255.0000
green: 255.0000
blue: 255.0000
childcount: 8.0000
_minimap_align: 9.0000
_minimap_mode: 0.0000
_width: 200.0000
_height: 200.0000
_minimap_x: 50.0000
_minimap_y: 80.0000
_master_alpha: 255.0000
_transparency: 0.0000
_info_visible: 0.0000
_local_zoom: 100.0000
_world_zoom: 100.0000
_arrow_zoom: 45.0000
_door_zoom: 45.0000
_show_arrow: 1.0000
_scale_arrow: 1.0000
_scale_doors: 1.0000
_show_frame: 1.0000
_border_scale: 25.0000
_corner_scale: 30.0000
_num_icons: 50.0000
_player_x: 0.0000
_player_y: 0.0000
_screen_width: 1280.0000
_local_crop_x: 16.0000
_local_crop_y: 16.0000
_local_grid: 256.0000
_local_offset_x: -92.0000
_local_offset_y: 16.0000
_cropx: 16.0000
_cropy: 16.0000
_grid_size: 240.0000
_grid_offset_x: -9.2000
_grid_offset_y: 1.6000
_world_offset_x: -4.0000
_world_offset_y: 1.0000
_texture1: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture2: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture3: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture4: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture5: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture6: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture7: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture8: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture9: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture10: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture11: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture12: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture13: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture14: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture15: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture16: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture17: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture18: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture19: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture20: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture21: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture22: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture23: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture24: Textures\menus\map\minimap\minimap_empty_grid.dds
_texture25: Textures\menus\map\minimap\minimap_empty_grid.dds
_world_x: 0.0000
_world_y: 0.0000
_world_Xdim: 2055.0000
_world_Ydim: 1830.0000
_world_NW_X: -59.0000
_world_SE_X: 59.0000
_world_NW_Y: -59.0000
_world_SE_Y: 47.0000
_world_map: map\world\cyrodiil_resized.dds
_icon_zoom: 0.0000
Children:
_minimap_local_map
_minimap_world_map
_frame_thick
_frame_thin
_frame_circle
_folder_debug
_minimap_info
_minimap_arrow
kCU: removing
FF035D3C at 0