If you're implying minecraft in general, then yes. Otherwise in this particular case, resources seemed to be all finite.
* Water
* Lava Flows (Sources are finite)
* Wood/charcoal: if you have enough saplings and dirt.
* Cobblestone: if you have lava and water in the correct arraignment
* Wheat: if you have enough seeds and dirt
* Fish: if you have water
* Neutral-Monster items: for those monsters you can breed if you maintain the habitat
* Aggro-monster items
I believe that's it
If you're implying minecraft in general, then yes. Otherwise in this particular case, resources seemed to be all finite.