Did you right click with the compass to update it?

 

Just tested. I cannot reproduce this.

 

Have you recently changed your video settings at all? Double check to make sure that animations are turned on.

 

I had this issue before, i found out how to fix it. Change your resource pack, it can't update the compass textures, or add a compass texture to the resource pack you are using.

I used sphax befoer, and it didn't update compass or anything. I changed to RainPvP and it worked perfectly, had to be resource pack. Hope this helps, if not then reply back and i'll try something else, @JamieSinn @block_crusher

 

I'm using sphax and I have no problem with it, maybe a resolution problem

 

Yea, someone suggested to me to change my resource pack and it worked, maybe just certain pc's have different resolution problems and can't generate compass textures on that specific pack.

 

with texturepacks you need optifine or mcpatcher to get it to work if I recall correctly.

 

I believe this is correct